Is Virtualization Framework works?

I trying to use https://developer.apple.com/documentation/virtualization

I found 3 projects on github with usage of this api, all of them look pretty similar
https://github.com/KhaosT/SimpleVM
https://github.com/jasper-wan/vm-lite
https://github.com/kendfinger/virtual

i tried debian, alpine, ubuntu, but always the same - vm.start is successful, but nothing happens - vm.State == 1 (running) but no message from kernel is printed to serial console

I also tried to set command line parameter like console = hvc0 quiet console = tty0 console = ttyS0,115200n8
but this doesnot help

Sample code:
https://github.com/KhaosT/SimpleVM/blob/master/SimpleVM/VirtualMachineViewModel.swift#L76-L130

How to make this work?

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MacOS BigSur
MacBook Pro (15-inch, 2017)

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No tag for Virtualization :(