This is a common issue that happens usually with Core i5 processors on Windows. The reason is that users on these processors need to install the latest package of Visual C++ from Microsoft.
You can download the installation file here. Once you open that link, you need to click on the following link in that website:
Then simply execute the file you downloaded, it will install the necessary files for Visual C++.
Once the installation completes, launch Wayports again, and it will run correctly.