Using both multiple scattering theory and effective medium theory, we find that an acoustic metamaterial consisting of an array of spinning cylinders can possess a host of unusual properties including folded bulk and interface-state bands in the subwavelength regime. The folding of the bands has its origin in the rotation-induced antiresonance of the effective compressibility with its frequency at the angular velocity of the spinning cylinders, as well as in the rotational Doppler effect which breaks the chiral symmetry of the effective mass densities. Both bulk and interface-state bands exhibit remarkable variations as the filling fraction of the spinning cylinders is increased. In particular, a zero-frequency gap appears when exceeds a critical value. The uni-directional interface states bear interesting unconventional characteristics and their robust one-way transport properties are demonstrated numerically.