Microsoft’s official requirements for Windows 11 are:

Despite the TPM bypass, this distribution retains 100% of Windows 11 Enterprise’s functionality. Here’s what you get:

Extended granular control over system telemetry, user access levels, cloud storage integrations, and app deployment.

Upon reaching the final phase of deployment (OOBE), an automated background script runs an open-source activation tool (such as HWID or KMS38 emulation).