This mod, and some others, request you to use luadebug as a requirement but what is it really and does it do?
Luadebug unlocks many of the modding api limitations, which is good, but some of those limitations (like unrestricted file/internet access) are there to protect your PC from malicious attacks from mods. What does this mean?, essentially, it means your PC is vulnerable to attacks from any mods you may have enabled.
This is the main excuse I often hear, why is this flawed?, because, on Steam, mods can update at any given time, without your permission...any mod on your mods list could add a malware any day and you wont even notice. In other words, a mod can be safe on the day you download it but become unsafe any day after that.
The safest way to run luadbeug mods is to isolate them, so you make sure that only the mod that requires luadebug is enabled and the rest are disabled....and that after you finish playing with the luadebug mod, you remove the lua debug launch parameter before enabling any of the other mods.
Now, ofc, the author of the luamod requirement mod can also ♥♥♥♥ you up, so make sure you trust said creator before enabling luadebug and even take a look at the mods files if you can and/or know how to do it.

If you got any questions just toss them in this thread if you want.