Use of semantic technologies has been prevalent in sharing files and media over the internet. This project proposes a new cooperative file sharing and storage system that allows users to store, share and find files over a robust and scalable network. This system is based on peer-to-peer technologies and provides a self-managed, decentralized, efficient and distributed way to store and retrieve files on peer nodes. Each node donates storage space to the system. The system also provides its users with a global hierarchical directory structure to browse for files like a file-system maintaining RDF Graphs forming Ontology in individual systems with the implementation of peer to peer communication in global scenario overcoming the drawbacks of Network Address Translation using TCP Hole Punching technique.