Mobilhood is a new, free and exciting global social networking service that allows its users to easily create/upload, download and share mobile content such as ringtones, wallpapers, videotones and screensavers with other users from all over the world. It also allows its users to win cool prizes by gathering points based on the activities they perform within the community. Mobilhood is also giving away a free iPod Touch every week to users who can come up with exciting content for their social networking service. Jump over to Mobilhood website to find out more.

Here is an excerpt from the official release:

Mobilhood is a community where users can download free ringtones, wallpapers, videotones and screensavers for their mobile phones, or create and upload their own "mobile fashion" to share. Mobilhood prides itself on giving rewards for high quality user generated content. Users with the most activity and best ratings win prizes. Each action that users take within the community (uploading wallpapers, screensavers, ringtones and videotones; inviting friends; having other people download your stuff; rating other people's creations; playing games; etc.) earns users Virtual Coins (VCs), which can be traded in for cool prizes. Mobilhood also serves as a social network where users can become friends with one another and connect via internal mail, comments and ratings.

Via: Into Mobile