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1. Usually used in a hashtag on the hipster app Instagram for tools that think they are cool and/or it's just a cool picture.

2. Someone who possesses swag in a picture on Instagram.
Person 1: Did you see Brads (@bynum82) picture on Instagram!?

Person 2: Naghh I don't follow that tool. He thinks he has Instaswag in every photo...

Person 1: Well, he was wearin them Nike Airmaxes and Rock Revivals...

Person 2: Oh, well... Then he does possess Instaswag then... *Follows
by bynum82 August 29, 2012
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