Macbook M1 chip - Brave won't start

Hi, I read that some people here have the same problem as I do. It wasn’t resolved so hence the new post. The Brave browser won’t start on new M1 chip Macbook with OS Big Sur. I’ve tried a few times installing the Brave app, but each time when opening, it crashes and closes without even presenting a window/UI.

Does anyone here have a solution? I was looking forward to using this browser for the first time…

Do not use M1 option try installing it like it is Intel chip