Do you use winrar or 7zip to extract it?
Winrar
Alright. Try to install 7zip and extract the archive with it.
I used 7zip and it said that it was missing Visual C++, after fixing that I got this
Ok so after messing around with things I found the older version from around a month ago and it changed to v.0.10 not sure if that has anything to do with me downloading the new one.
Right click the file you've downloaded. Go to 7zip > extract here. Open the new Monolith Bay folder and start the game exe