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Re:FLIF – Free Lossless Image Format by sk65535 on Saturday February 08, 2020 @05:17AM (#22275045)
WebP version 2 is in the work at AOM: https://www.youtube.com/watch?v=zogxpP2lm-o

It is complementary to AVIF (which targets photo capture more than delivery over the web).

WebP2 is like WebP: keep it simple, with only useful and efficient features, no fancy stuff. And aim at very low bitrate, it's the current trend, favoring image size over pristine quality.

Progressive rendering uses ~3x more resources on client side. So, instead, better have efficient 300-bytes thumbnails in the header.

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