A 360 photo is a 360 degree image. The process to create a 360 photo requires taking of multiple images and then stitching these images into one full 360 degree view. The quality of a 360 photo depends on three factors, the photographer, equipment, and the software used to process the images.

You can see an example of a stitched 360 image below, this one was made up of 6 separate images.

360 Photo example