Audiofarm is a mixture of a lot of things, but all of them relate to music. Whether you want to upload, store, and sort your own music, or you're a new band wanting to get exposure, there seems to be something for everyone here.
Members can upload their music collection and then start sharing tunes with others. You are also allowed to build an unlimited number of pages about the music, your audio equipment, your band, your record label, your concert tour, and anything else you can think of. Each user also has a personal Studio where they can post pictures, leave comments, or post their latest song sets. And by clicking on the "People" link, you can start browsing the newest members and getting a feel for what they're into.
The site is still currently in alpha development, so some aspects may not be fully working yet, but with free signup, you don't have much to lose from giving it a try. The company was formed in 2006 by Konstantinos Gerodimos with the goal of making it easier for people and artists around the world to share the music. The company is currently a privately held organization in Germany, with no known plans to go public.