Not much info about this one yet. This is a series inspired by the Arcanadea figures done by Kotobukiya. I am not really into figures myself, so I don't know too much about them. The ANN article gives a short synopsis:
The "sci-fi x fantasy" franchise takes place in the near future, where the world experienced rapid technological development thanks to a new energy called "Arcana Particles" that was discovered by Eden Industries. The new technology includes the largest virtual space server called Eden. The VRMMO "ARCANADEA" is a game people can play within the Eden server, and features a fantasy world. After an explosion occurred at Eden Industries one night during the maintenance of Eden, the world changed, including abnormal weather, communication issues, strange disappearances, and people gaining increased physical abilities.
Adaptations from properties that don't already come with good stories rarely turn out well.
Occasionally you get something brilliant like Cyberpunk Edgerunners, Arcane, and MLP: Friendship Is Magic.
Or even arguably Gold Lightan
But figurines, even nicely sculpted figures as a basis for a show... color me skeptical, but we'll have to see how it turns out.
Basing a show around figurines is basically what MLP:FiM was and that turned out pretty good overall. That's not to mention shows of yesteryear like Transformers, G.I. Joe, and He-Man. It just takes a good storyteller that is allowed to tell good stories with the IP instead of constrained by the rights' holders. That being said, I am not holding my breath on this one. Just the fact that this announcement consists of just a single, non-poster visual, no PV, and no cast/staff reveal tells me that they aren't really putting the most effort into this one.
I had never heard of Gold Lightan before, so thanks for that nugget of history.