Me too. It worked once for me but now, not so much. I have a support case open with Apple.
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I have a new clue to this problem....
The app is stuck at the LauchScreen.storyboard. But if I wait long enough (20-30 seconds), I see this message in the console:
Metal API Validation Enabled
And then it works. Far from ideal...
I have the same issue, but I’ve not waited long enough for a crash. I’m running Xcode 12 (release) and iPadOS 14.0.1 and Catalina 15.7? Or something like that. Also can’t seem to debug the app - there’s no console or anything...makes it hard to be productive.