Updated! Apple has released the first beta of iOS 12.1.1.
Out for developers and the public testers, t's expected that iOS 12.1.1 fixes any issues from the recently released .1 update to iOS 12. We can expect the betas for this update to be finished within a few weeks.
We'll update you if any changes are discovered [U: see below], but that isn't likely. It's a bug fixing update that will be minor for users.
We can expect Apple to release the first beta of iOS 12.2 very soon, by the end of the year, ready for a release to the public in 2019. It will be major and add new features and more changes.
Update 1: FaceTime Live Photos is now back with this beta and parts of FaceTime's UI have seen a facelift -- click here to learn more.