P2P music community site Grooveshark has entered a new phase with the launch of Grooveshark Lite, a Web based application to allow community users to share and purchase tracks. Grooveshark differentiates itself from other music Webtailers by giving community members credits every time a fellow user purchases a track from their music library.
Grooveshark lite allows you to organize your music and build playlists or makes recommendations on top tracks from other users to build playlists if you can't be bothered to build your own. Grooveshark also lets you stream entire tracks from other users before you make your purchasing decisions.
The Web site is the latest incarnation of a service that launched in beta as a P2P application that maps your music library and then allows you to share it with fellow community users, as Download Squad wrote last year. Music that is then made available through Grooveshark can be purchased by other users, and community members are rewarded with credits each time purchases are made from their library.
