Instagram announced new awards for its top creators. But it’s not paying cash

KANIKA SINGH RATHORE,

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Instagram The plans for new awards for their top creators have announced plans, but instead of cash, social media platforms will provide a feature to promote the social status of users.

On Monday, MetaAccording to a new, Instagram announced its “Rings” award, which is “about celebrating those who are afraid to take creative opportunities and do it,” blog post From the company.

A panel of Creative, including Instagram Head Adam Mosari, designer Mark Jacobs, actress Yara Shahidi and Utubar Marks Brownley, nominated Instagram Creators and voted that they deserve the “Rings” awards.

The blog post read,

Instagram has announced plans for new awards for its top creators, but instead of cash, social media platform will provide a facility to promote users' social status

Instagram has announced plans for new awards for its top creators, but instead of cash, social media platform will provide a facility to promote users’ social status ,Brandon Bell/Getty Images,

The winners, who are yet to be announced, will receive a physical ring, designed by the Grace Wales Bonner, and a digital ring on their Instagram profile.

When they post Instagram Story, the winners will see a gold ring around their profile picture, and will also be allowed to customize their profile backdrop color and the “like” button.

“This is more about a special visibility and encouragement for people who are actually to work in the direction of cool height recognition,” Brownli said CNBC,

Instagram reminiscent of ring YouTubeThe Creator Awards, in which content creators get silver, gold and diamond plates, which depends on how many customers they have.

The winners, who are yet to be announced, will receive a physical ring and a digital ring on their Instagram profile

The winners, who are yet to be announced, will receive a physical ring and a digital ring on their Instagram profile ,Instagram,
When they post Instagram Story, the winners will see a gold ring around their profile picture, and they will also be allowed to customize their profile backdrop color and the 'Like' button.

When they post Instagram Story, the winners will see a gold ring around their profile picture, and they will also be allowed to customize their profile backdrop color and the ‘Like’ button. ,Instagram,

After stopping its reels play bonus by Meta, a new recognition-based award comes, which in 2023 paid for content creators for ideas on Instagram’s short-form video, as it was “a company spokesperson said that the spokesperson of a company said that the creators were focused on investing in a suit to earn stable streams of income.” Commercial insider Those days.

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The spokesperson said, “Manufacturers can still directly mudge from meta, and with the support of fans and brand partnerships, all of which have seen significant progress in the last one year.”

YouTube and another Instagram contestant, TikokokHave their own monetary prize programs.

The manufacturer of Tiktok pays to post users to post “high quality, original material”. And YouTube has its own partner program, allowing the creators to mile on their content. YouTube has said that it has been paid more than $ 70 billion to the creators in the last three years.

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