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Instagram Offers Cashless 'Gold Ring' Award to 25 Creators

Instagram honors 25 creators with gold rings and exclusive profile features amid a 52% drop in brand deals, aiming to celebrate cultural impact without monetary rewards.

  • On Monday, Instagram announced the 'Rings' awards program naming 25 creators, with winners revealed on October 16 receiving a gold ring and profile badge but no cash.
  • With Meta scaling back payouts, creators faced a 52% drop in brand deals in 2024, Meta ended Reels Play and affiliate bonuses, and observers say paid partnerships now concentrate at the top.
  • A panel of creatives including Adam Mosseri, Spike Lee, Marc Jacobs, and Marques Brownlee nominated longlists across categories and prioritized high-effort, risk-taking work over follower counts.
  • Critics note the symbolism, as Instagram framed Rings to honor creators who 'shift culture' and break barriers, while observers describe it as a symbolic gesture amid payout cuts.
  • Winners will gain profile customization features including backdrop color, a custom 'like' button, and an exclusive digital ring, alongside a physical ring by English fashion designer Grace Wales Bonner, against Instagram's three billion monthly active users.
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The Hollywood Reporter broke the news in Los Angeles, United States on Monday, October 6, 2025.
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