Effects are not rendered

How to reproduce:

1. Create a new visual effect
2. Drag it to the scene

Expected result: Simple particle system effect is playing

Actual result: Effect is not present only icon shows up in the scene

 

Reproducible with: 2023.1.0a8

Not reproducible with: 2023.1.0a6

 

Notes:

There is not 2023.1.0a7 version in saihai so I assume that regression point is 2023.1.0a6 -> 2023.1.0a8

Particles are invisible in build too