Balloon Bonaza

This is a daily event that gives you Azure Sky Emblems, flying fuel, and mount dye as the prize. I recommend doing this daily as soon as your character is able. You need a lot of emblems to upgrade your flying, and this is a quick easy way to get them. You can find the npc for this, Porudock, hanging out on the side of the library across from Alameda Park. He's pretty easy to spot as he is a clown with a big ! over his head.

The first thing that you want to do is make sure that you have at least 3 spaces in your bag. One will be used by the tool that the npc will give you. The other two you need for the prizes. It is really irritating when you get back to him in the nick of time, only to realize that you can not complete the quest because you do not have sufficient space in your bag to take his prizes!
Luckily, if you fail this quest, you can take it again immediately.

The second thing that you will want to do is get on your flying mount before talking to him to take the quest. You can choose to complete the task of popping 30 balloons in 10 minutes, 6 minutes, or 3 minutes. The 10 minute quest will generally give you only the emblem - which is the best part anyway. The 6 minute quest will give you the emblem and dye - the dye is fairly useless if your mount already looks the way you want. The 3 minute quest will give you an emblem and flying fuel - which is pretty valuable as you will want to have your balloon in acceleration most of the time and that uses up fuel.

Once you talk to the npc and choose your quest, he will put a tool in your bag - a silver needle. This is the only thing that you can use to pop the balloons and have it count for the quest. Put this in a hotkey where it can stay; this way every time you take the quest, it will auto-load into that key - no searching your bag every time and wasting time loading it to a hotkey.

Now fly, Elliot, FLY!

The best place to locate yourself is level with the first tier roof in the front of the library (where you will see a man standing - he gives you the Ear of the Storm quest, another way to get your emblems) . If you are doing the 3 minute challenge, you will want to have your mount on acceleration; otherwise just leave it in regular mode. Tab target to find your balloons and hit your loaded hot key to pop the balloons. Move around as necessary to find new groups of balloons.

Sometimes you will be able to target a balloon but not pop it. This generally is because your tool is in cooldown; but can also be because you are too far away or that there is something between you and the balloon. There should be a red message on the screen that will tell you either "cooldown" or "can not use this skill". If you see the latter, move to your target or move on to another balloon.

Keep an eye on your count. Once you have your 30, race back to Porudock to complete the quest and claim your prizes.

TIP: If you are experiencing lag, just do the 10 minute quest. You need to be lag-free for the 3 minute, and the 6 minute might still be pushing it depending on how laggy you are.