Recently, Soundcloud has been dealing with hardship. Due to cost-efficiency, Soundcloud was forced to lay off 40% of its workforce. Allegedly, there are only a few months left to financially ensure usage of the platform.
Thankfully, Chance the Rapper is working on a plan to keep Soundcloud around.
I’m working on the SoundCloud thing
— Lil Chano From 79th (@chancetherapper) July 13, 2017
Chance the Rapper has made an impact through individual artistry, generous donations and community building.
Chance won the Grammy award for Best New Artist solely from streaming content made available for free. Soundcloud has aided the rise of artists like A-Boogie, Lil Uzi Vert, Khalid and Chance the Rapper.