To register, you answer basic questions like where you're located, what instrument you play, your influences and musical history. You can then share your work through photos, videos, lyrics or Soundcloud audio. After you've set everything up, you can follow other musicians, give them "props" (likes), and send them private messages.
One of the cool new features on Fandalism is the ability to distribute your songs to iTunes, Spotify and Google Play. It's cheaper than either Tunecore or CD Baby in that you get unlimited uploads for only $19.95 per year, as compared to Tunecore's $29.95 per album per year or CD Baby's $49 per album per year (plus a percentage of the sale). Fandalism also gives you the first upload to iTunes for free.
There's been a lot of attempts to create a musician's network and none of them have caught on. Fandalsim already has over 550,000 members and has the feeling of something that is simple and non-intimidating enough to finally break through in a big way. Here's a video overview.
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