Soundcloud is based in Berlin, Germany, At last count(which was this time last year, July 2013) it had 40 million registered users and 200 million listeners.
Similar to ReverbNation, Soundcloud allows you to create an account as a listener or an artist. Users are encouraged to browse and favorite music, compiling a playlist of what they like.
Tracks can be uploaded for users to listen to or even download.
Users can also set comments on a specific part of the song, say at the one-minute-thirty-two-second mark.
Further, each user has a specific URL, so Soundcloud can be used with/shared across other social media sites. Soundcloud has groups that users can join to share the accounts they're been browsing.
While Soundcloud is initially free, you can only upload about two hours of content. After that point, there are paid subscriptions availible for more space and more hosting ability. Paid subscriptions also make statistics visible to the user.
Soundcloud may not immediately feel like a "supercool", jazzy, or hip website, but almost every serious growing-from-the-ground-up artist now has one, and it's the site that most listeners check out if you hand them your card late at night after a good gig.
I enjoy using soundcloud. I found a lot of up coming artist that are pretty good.
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