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ADDACT GmbH

ADDACT - Fanpowered Concerts

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

ADDACT GmbH project word cloud

Explore the words cloud of the ADDACT GmbH project. It provides you a very rough idea of what is the project "ADDACT GmbH" about.

derive create playing model regional actual fan orders plan uk road addact cope relationship influence keep goals industry live networks map meeting shows demand commercial bigger artists planning ticket totally bookers audience combines price cities 50 parties markets strategic ways channels feasibility tour lot favourite missed cover total social inefficiency benelux satisfying fans deeper binding unsolved scandinavia intransparent immense drive global solution ticketing digital concerts bands participation small transformation unsold risk managers giving dates tickets media concert pledge market estimates data crowdfunding financial promoters actively technological campaigns music distributing business play

Project "ADDACT GmbH" data sheet

The following table provides information about the project.

Coordinator	ADDACT GMBH Organization address address: SALZSTRASSE 1 city: LUNEBURG postcode: 21335 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Germany [DE]
Project website	http://www.addact.de
Total cost	71˙429 €
EC max contribution	50˙000 € (70%)
Programme	1. H2020-EU.3.6. (SOCIETAL CHALLENGES - Europe In A Changing World - Inclusive, Innovative And Reflective Societies) 2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
Code Call	H2020-SMEINST-1-2015
Funding Scheme	SME-1
Starting year	2015
Duration (year-month-day)	from 2015-12-01 to 2016-05-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	ADDACT GMBH ADDACT GMBH Organization address address: SALZSTRASSE 1 city: LUNEBURG postcode: 21335 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	DE (LUNEBURG)	coordinator	50˙000.00

Map

Project objective

The global ticket market for live music concerts totally missed the digital transformation: 1. About 50% of concert tickets remain unsold 2. Immense inefficiency within the whole industry remain unsolved: - a lot of small, regional, intransparent parties and networks - no reliable data about real demand for artists in various cities – bands keep playing in the same cities - concert planning still based on experience and estimates – Promoters do not know if their shows will even cover the production costs - fans are totally out of the tour planning process - no satisfying technological solution to the raising demand for fan participation (while Social Media channels are not capable of this problem)

ADDACT is a total new way of planning live concerts and distributing tickets and will cope with these global challenges. On ADDACT fans can pledge for their favourite tour cities by giving binding ticket orders. The cities with the most demand will get a show. ADDACT combines ticketing and crowdfunding so fans can actively influence the tour dates of their favourite bands. Bookers, promoters and managers can plan concerts meeting the actual demand and with much less financial risk. Bands, on the other hand, play more concerts in various cities for a bigger audience and create a much deeper relationship towards their fans by giving them influence.

Goals of Feasibility Study: - Evaluate three different ways of fan participation for further development of ADDACT model - Drive test campaigns in new markets - Evaluate commercial potential of the live music industry in UK, Benelux and Scandinavia - Derive business plan, future price model and strategic road map

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The information about "ADDACT GMBH" are provided by the European Opendata Portal: CORDIS opendata.