We get the origins of S.H.I.E.L.D., the origins of Captain Marvel and a good look at how she fits into where the franchise is headed from here. But all of that was to be assumed. How successfully they pulled that off is another matter entirely.
Black Panther is not the first Black superhero movie. But with predecessors like Catwoman and Blade, the film universe had been hungry for a film of this caliber that does the things it does.