Location based augmented reality system for exchange of items based on location sensing and methods and devices related thereto

A non-transitory computer readable medium containing instructions for controlling one or more mobile computing devices to perform a method comprising:

• under control of a mobile computing device of a recipient user,
• receiving an indication of the existence of a value item and/or a specific physical location identified by a first computing device of a provider user;
• receiving multiple clues to lead the recipient user to the specific physical location, each clue leading progressively closer to the specific physical location;
• detecting via a sensor on the mobile computing device that the mobile computing device is in a designated range of the specific physical location;
• responsive to the detection, displaying on the mobile computing device a triggering icon that has been associated with the specific physical location by the first computing device of the provider user, wherein the triggering icon is displayed on the mobile computing device using augmented reality such that a display of a portion of a real world location is augmented with a display of the triggering icon;
• and
• wherein, upon receiving an indication that the triggering icon has been triggered, the recipient user receives the value item or an indication of the value item.

A method comprising:

• under control of a mobile computing device of a recipient user,
• receiving an indication of the existence of a value item and/or a specific physical location identified by a first computing device of a provider user;
• receiving multiple clues via the mobile computing device to lead the recipient user to the specific physical location, each clue leading progressively closer to the specific physical location;
• detecting via a sensor on the mobile computing device that the mobile computing device is in a designated range of the specific physical location;
• and
• responsive to the detection, displaying on the mobile computing device a triggering icon that has been associated with the specific physical location by the first computing device of the provider user, wherein the triggering icon is displayed on the mobile computing device using augmented reality such that a display of a portion of a real world location is augmented with a display of the triggering icon;
• wherein, upon receiving an indication that the triggering icon has been triggered, the recipient user receives the value item or an indication of the value item.