PLY, polygon file format, represents 3D file format that stores graphical objects described as a collection of polygons. The purpose of this file format was to establish a simple and easy file type that is general enough to be useful for a wide range of models. PLY file format comes as ASCII as well as binary format for compact storage and for rapid saving and loading.
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glTF (GL transmission format) is a 3D file format that stores 3D model information in JSON format. The use of JSON minimizes both the size of 3D assets and the runtime processing needed to unpack and use those assets. It was adopted for the efficient transmission and loading of 3D scenes and models by applications.
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