Preloading Error at 3/8 100%

This happens at Preloading 3/8 100%. Tried reinstalling and get the same issue over and over again.

(Wouldn’t let me upload images here so had to upload on imgBB)

Installed on my MacBook Air (Retina, 13-inch, 2020)
Latest macOS Big Sur
1.1 GHz Quad-Core Intel Core i5
16 GB 3733 MHz
Intel Iris Plus Graphics 1536 MB

Gets stuck here.

Then this shows shortly after.

Any update on this? I am getting stuck at 3/8 100% and will not progress any further.

If you face that issue, please Settings > Clear cache and restart the game launcher.