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That should be fine. The model ("Hijiki") belongs to Live2D Inc. The usage terms are listed on this page:
https://www.live2d.com/en/download/sample-data/
Quote: "Commercial use by General Users and Small-Scale Enterprises is permitted based on consent to the terms and conditions."
“This content uses sample data owned and copyrighted by Live2D Inc. The sample data are utilized in accordance with terms and conditions set by Live2D Inc. This content itself is created at the author’s sole discretion.”
Is this correct so far and do I need to consider anything important to go on youtube besides buying the Remove Watermark DLC for Vtube Studio?
Go easy on me, I'm completely new to the field. :D
(Edit: Am I free in choosing any topic I want to talk about on youtube including gaming and any topic I want to discuss that is generally legal on youtube? Because I didn't find any restrictions so far regarding Vtube Studio and Live2D inc, but I can be mistaken as I'm a fallible human).
Since the cat models are owned by Live2D, I can't give any guarantees other than what's written on the official download page: https://www.live2d.com/en/learn/sample/
"Commercial use by General Users and Small-Scale Enterprises is permitted based on consent to the terms and conditions. Medium and Large Entities may use the data only for private testing purposes."