From The Verge:
Volunteer collective Archive Team has announced that it will undertake a large-scale backup of SoundCloud via its virtual archiving appliance, ArchiveTeam Warrior, starting tomorrow, July 18th. The move is designed to preserve the SoundCloud archives in the event that it shuts down, following news that the company recently underwent a massive round of layoffs. SoundCloud says it is here to stay and that its archives are not in danger of disappearing.
Archive Team was founded in 2009 by Jason Scott, with the mission to preserve the historical records of websites and services considered “at risk.”
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Direct to ArchiveTeam SoundCloud Project Page
We are currently working on getting all the API data. So far, rate limiting has not had an effect. We also are writing the scripts to get a good grab of everything we can. The warrior project is expected to start on July 18th.
See Also: Learn More About the Archive Team Warrior Appliance