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Understanding that eWASM is more like EVM 2.0 by replacing EVM with a subset of WASM instructions set.. What is the motivation of the PWASM project from Parity?

Notes: https://medium.com/paritytech/why-we-believe-in-wasm-as-the-base-layer-of-decentralised-application-development-6196b8e3977e https://github.com/aj07/design/commit/9d8ffee36f3b6c0fd4eb841c47183e4147c650b3

EDIT: https://youtu.be/_Nuw-hYjW64?t=1687 They are trying to achieve very similar things. But there is no official collaboration whatsoever at the moment.

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