I get a startup failure in the latest Beta version when opening AE via double click on an AE file

[Rene Andritsch]

This error message showed up when starting Effects 18.3.x11 for the first time after installation via double click on an AE file (macOS Big Sur 11.3.1)

Before that there was a message claiming that the “Required Folder” ist missing. Subsequent launches via the Dock showed no problem.