I installed the application on a 64-bit Windows 10 PC and I managed to get it to run without too much of an effort. First, go to its official web page and download Version 2.0 Alpha 8.5 (the first one on the page). Next, install and run the application.
On my PC there was an error stating that the d3drm.dll file was missing. In case you encounter the same issue, you can download the file from a website called DLL-FILES. (Make sure that you download the dll file itself and not their client.) Once you've downloaded d3drm.dll, copy it into the application's installation folder and you're good to go.
If you encounter an additional visual glitch that makes the image flicker, head over to the Graphics menu and click on the Textures button, removing the check mark from it.