Daily Quests are quests that you will be able to take only once per day, and they reset on midnight server time. They come in several different categories, and you are able to take only one quest from each category per day.
The rewards for the Daily Quests are simple: Experience, AXP, adding to your Guild score, and dungeon entries. All of them (apart from the TG one) start in Bloody Ice, from the different NPC's standing around the town area. The TG Daily you can receive from the grocer in your nation's lobby, and gives some AXP as a reward.
1.Experience Daily Quests:
Dungeon EXP Daily Quests
Field EXP Daily Quests
2.AXP Daily Quests:
Field AXP Daily Quest
TG AXP Daily Quest
3.Guild Points Daily Quest:
This is fairly simply as well. You take the quest, kill the specified mob in the dungeon, and for every person in the party that has the quest and kills the mob you get your guild score increased. From the table 2 guild exp is equal to someone earning 2 AP. So if 7 people from the same guild all take the Daily Quest to kill Leth Tyrant, and actually do so, you will get 35 (7 x 5)points added to your guild score. These quests are obviously set up to allow people of all levels to contribute, which is clear if you look at the following table.
Guild Score Daily Quests
4.If you are level 120 or higher you can receive one dungeon entry per day, for free, gratis, nothing, from the Bloody Ice Instructor. You can choose one of the following dungeons:
List of dungeon entries
In order to not completely destroy the market the entries will look like this, before anyone thinks they are going to make fast money off of this new system. That is time-limited (one day exactly) and character bound. If you do not use it you will lose it. You can only take one per day.