I would add to make it streamable or at least allow to be read remotely efficiently.
Similar is the discussion of delimited fields vs. length prefix. Delimited fields are nicer to write, but length prefixed fields are nicer to read. I think most new formats use length prefixes, so I'd start there. I wrote a blog post about combining the value and length into a VLI that also handles floating point and bit/byte strings: https://tommie.github.io/a/2024/06/small-encoding