The film also set up Will Smith’s character as a human with unique abilities, which certainly could be explored in a sequel.
The first Bright certainly gave itself plenty of room to make a sequel.
The first Bright did some pretty interesting world-building, though some of it was a bit heavy-handed.
The film is an urban fantasy that looks almost exactly like our own world, with the exception that the world is inhabited by orcs and fairies and elves and magic is a real thing.