Cloudtrade has launched the beta of an ad-supported mobile content sharing platform that gives users a gigabyte of free online storage.

According to Mobilecrunch, the start-up service lets users discover music, photos and videos and share them with friends and is talking to the major record labels to try and get their music available for sharing.

The ad-supported platform encourages users "to form a community around preferences in music, photos and videos," Cloudtrade CEO Raj Kanapur said in the article. "Our platform also empowers users by giving them the ability to market their content - I tell people, if you're interested in pictures of animals, here are 30 other users who share that interest. Now reach out to those people on Cloudtrade, begin sharing and start earning rewards."