Web 2.0

Web 2.0 are websites hosted on third party platform like wordpress, blogspot, tumblr, etc. By creating web 2.0 with content, you can create backlink to your money site. Web 2.0 may not affect your ranking directly but it will increase diversification to your backlink profile.
 
They're used as a form of link-building. Some web 2.0's are quite useful in SEO strategies and are often times integrated as a part of a "tiered link-building" effort. Alternatively, some will build them purely with diversification intent.

If you're unfamiliar with what link-building is - search the forum.
 
whats the difference between a web 2.0 and a blog
 
whats the difference between a web 2.0 and a blog

Depends if you're using the blog as your money site or as a buffer / web 2.0 site.
 
Web 2.0 has much importance in today's scenario, you can get quality back links from them direct to your Money site. You can also try to rank your web 2.o properties which in turn can benefit your money site!
 
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