Answer:
PNG and MNG are the alternatives for GIF.
PNG:
☛ - GIF images are limited to 256 colors.
☛ - PNG format supports palette-based images, Gray Scale images.
☛ - PNG also supports full color non palette based RGB images.
☛ - PNG format is suitable for transferring images on internet.
☛ - PNG is not for professional-quality print graphics.
MNG:
☛ - MNG is closed to PNG format.
☛ - Better compression standard than GIF
☛ - Integration of PNG and JPEG based images.
☛ - Supports transparent JPEG images.
PNG:
☛ - GIF images are limited to 256 colors.
☛ - PNG format supports palette-based images, Gray Scale images.
☛ - PNG also supports full color non palette based RGB images.
☛ - PNG format is suitable for transferring images on internet.
☛ - PNG is not for professional-quality print graphics.
MNG:
☛ - MNG is closed to PNG format.
☛ - Better compression standard than GIF
☛ - Integration of PNG and JPEG based images.
☛ - Supports transparent JPEG images.
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