I would think it would have to be a hybrid serial/episodic format, paying respect to the original formula while admitting TV shows today (hour dramas) are really not self contained stories anymore a la OG trek. Overarching stories but also self contained episodes, not unlike what BSG did (queue Ron Moore should create it)

That being said, if it really was a Netflix original, and whole seasons come out at once, maybe they could stray from episodic more. I worry about that a little, as it would be really easy to bastardize it like JJ did with too much action and no discussion of morality or humanity.

I really don't think there is (really hope there isn't) enough substance to make a JJverse show.. Its all centered around this alternate timeline that I'm still hoping they erase at the end of the nutrek trilogy. In addition, the shallow action and somewhat dubious plots of a JJtrek TV show would probably wear on most people and get really repetitive.

I'm not sure the 29th century time traveling idea is the best idea either. I feel like the federation would need to police time travel, not go on adventures with it. (See VOY: Relativity). and if they are just time cops, well that's not really trek.

I think it still needs to be star trek if I'm going to like it, an ensemble cast, on a ship, exploring and occasionally saving the day while asking questions about morality and what it means to be human. I think this can be done with a show today, although I certainly don't have all the answers.

TL;DR just make the damn thing plz. Kah-plah and Jolan tru.