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60-Second Summary

Instagram has launched "Instagram Rings," a new awards program designed to honor its most creative users. Twenty-five select users will receive a physical ring designed by Grace Wales Bonner and a unique digital golden ring for their profiles. The awards aim to recognize users who "take creative chances" and act as "cultural catalysts." A panel of notable judges, including Spike Lee and Marc Jacobs, will select the winners across various content categories. This initiative marks Instagram's first foray into a formal awards system, with hopes of it becoming a long-standing tradition.

About this summary

This 60-second summary was prepared by the JQJO editorial team after reviewing 1 original report from The Hollywood Reporter.