The Insta360 ONE X2 is a revolutionary 360° action camera with advanced features like waterproofing, electronic image stabilization, and FlowState stabilization. It offers various shooting modes such as Steady Cam mode and 360 Cam mode, along with features like Horizon Lock, Invisible Selfie Stick, TimeShift, Bullet Time 3.0, Freeze Frame, and Deep Track 2.0.