Instagram introduced the “Rings” award, honoring 25 creators with a gold ring and badge. Judged by notable figures, the awards focus on recognition over cash payouts. As creator brand deals decrease, the awards highlight creativity and risk-taking. Winners can personalize their profile and like button. Meta seeks new ways to pay creators amid industry changes.

Read more at Nasdaq: Instagram Launches ‘Rings’ Award To Honor Creators With Gold Jewelry, Not Cash