Chance the Rapper has had a pretty good year, and perhaps that's an understatement. He's released the critically acclaimed 'Acid Rap,' scored the cover of Complex magazine and got some key features and co-signs like his appearance on Lil Wayne's 'You Song' off his 'Dedication 5' project.

His year of firsts continues with his first late night appearance on 'Arsenio,' where he energetically performed 'Chain Smoker.'

Before his performance, Chance sat down with the talk show host to discuss his hometown, Chicago. He informed the audience that the city alternative known as Chi-raq has had a lower murder rate in 2013, but passionately called for its citizens to continue the progress going into the future.

He also introduced the concept of a Rapper Union. As an independent rapper, Chance argued that labels often use pyramid scheme tactics where they work rappers before allowing them to make an imprint under their label. A Rapper Union can establish a bare minimum an artist should expect when signing to a label, including dental insurance and income.

Watch Chance the Rapper's Interview With Arsenio Hall