silentbrad writes: From IGN: "A social network has been launched entirely dedicated to swapping games with people in your local area. The guys behind newly minted Waygoz.com say they have created a better way for gamers to trade old games — with each other and in common meeting places like donut shops. Waygoz.com is a Facebook-style website where you can sign up and start trading games with people in your local neighborhood. There's no charge, and users are encouraged to trade in-person, rather than via mail.
... It's a system that doesn't involve the traditional middle-man in used games — games retail chains. ... By taking the retailer out of the equation, gamers can squeeze more value for their old games. Instead of retailers profiting from the trade, it's all about gamers doing business with one another, giving them much more power over the goods they own. ... Co-founder Jean-Paul Rehr told IGN, 'The used games business is a bit broken. People like the idea of not having to go to a store to lose money on game trade-ins.' ... The site launches officially this week. Clearly, its success depends on achieving enough people to make it work. Rehr says the overall number of users is less important than achieving clusters of participants in populated areas, 'For us it's about local footholds in cities and towns around the U.S, to see this thing take off.'