What is the difference between this
"you agree that a business or other entity may pay us to display your username, likeness, photos (along with any associated metadata), and/or actions you take, in connection with paid or sponsored content or promotions, without any compensation to you."
and this?
"Instagram does not claim ownership of any Content that you post on or through the Service. Instead, you hereby grant to Instagram a non-exclusive, fully paid and royalty-free, transferable, sub-licensable, worldwide license to use the Content that you post on or through the Service."
It's just a reword

. It's like instagram first said We are going to **** you in the *** then was like... Oh you guys got mad? Our fault sorry sorry let us be clear. What we really meant was We are going to make sweet love to you in inappropriate places. (sorry if my examples offended anyone)