Vivid Walls is the first native Mac app that runs Wallpaper Engine scene files (.pkg / .scene) on Apple Silicon. It is not a virtual machine and it does not run Windows software. It plays the actual scene format, particle effects, animated characters, and audio reactivity included, not video loops. A free Windows companion ships an existing Wallpaper Engine library to the Mac over local Wi-Fi. $9.99 one-time on the Mac App Store, no subscription. More detail: the full Wallpaper Engine on Mac answer page.
For a full description (short, medium, long) and a fact sheet with developer info and system requirements, see the documents at the bottom of this page.