System and Method For Swapping Event Tickets

A method for exchanging event tickets, comprising the steps of:

• authenticating one or more users, including at least one seller and at least one buyer;
• receiving geolocation information from the mobile devices of the one or more users over a network;
• receiving available-tickets information from the at least one seller over the network, the available-tickets information comprising one or more photographs;
• extracting metadata from the one or more photographs, the metadata comprising geotag metadata confirming the locations the one or more photographs were taken;
• verifying the at least one seller's location using the geolocation information and the geotag metadata;
• storing the available-tickets information in a database;
• retrieving the available-tickets information from the database and sending the available-tickets information to the at least one buyer over the network;
• receiving offer information from the at least one buyer over the network;
• generating an offer notification and sending the offer notification to the at least one seller over the network;
• providing the offer information to the at least one seller over the network;
• receiving a response to offer from the seller over the network, the response to offer comprising one of acceptance information, rejection information, counteroffer information, or request to negotiate information;
• processing the response to offer;
• verifying the at least one buyer's location using the geolocation information and the geotag metadata.

A system for exchanging event tickets, comprising:

• a database;
• a computing device;
• one or more mobile devices, including a seller's mobile device and a buyer's mobile device;
• a network connecting the computing device and the one or more users' mobile devices;
• a plurality of modules including authentication module for authenticating the one or more users' mobile devices;
• a geolocation information module for tracking geolocations of the one or more users' mobile devices;
• a tickets information module for posting tickets for sale, searching available tickets, and processing offers and responses;
• a notifications module for generating and sending notifications to the one or more users' mobile devices;
• a negotiations platform module for facilitating negotiations between the at least one buyer and the at least one seller, a confirmation platform module for facilitating an exchange of tickets;
• wherein the geolocation information module tracks the geolocations of the one or more users' mobile devices and verifies that the geolocations of the seller's mobile device and the buyer's mobile device are within a same venue as a prerequisite to the confirmation platform module facilitating an exchange of tickets;
• wherein the confirmation platform generates and displays a unique code on each of the seller's mobile device and the buyer's mobile device.