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SoundCloud is a global online audio distribution platform that enables its users to upload, record, promote, and share their originally-created sounds.
In August 2015, SoundCloud was threatened to be pursued through the courts for unpaid royalties.
In February 2016, a report casted “significant doubt on the company’s ability to continue as a going concern.”
In July 2017, SoundCloud announced that they are firing 173 staff members to get "on [their] path to profitability". Later in July, leaks from within the company revealed that it was "fully funded into Q4", yet was uncertain about future survival, giving it an estimated shutdown date of September 1st. 
Archive Team considers the SoundCloud service in danger and, as it hosts a lot of original content, finds it important to prepare to save it selectively (a full grab would be too big and would raise concerns of mass copyright infringement).
Thus, a discussion has started in the(on EFnet) channel.
As of April 2017 the 128k MP3 streams of all public tracks on SoundCloud total 855TB.
Current Status: We are currently working on getting all the API Data, so far rate limiting has not had an effect yet. We also are writing the scripts to get a good grab of everything we can, Its expected for the warrior project to start on the July 18th