Below is a news from The Official Site of Rappelz.

A big thank you goes to all of the Close Beta players that helped us test. To thank you all, we will be holding a special event for guilds with at least 20 members. You will have a chance to represent your guild to prove just who is the best.All rewards will be issued during Open Beta.

Event: Guild?s Honor

Eligible Participants:
A Guild with at least 20 members.
Teams must consist of 1 guild leader + 4 guild members

Event Time: Tuesday September 26, 2006 at 2:00 pm PDT

Descriptions: Teams of 5 will be teleported to the outskirts of a vast dungeon. There each team must pass many obstacles to reach the GM located somewhere within the dungeon. The first team to reach the GM will have the right to fight the dungeon?s boss creature. In the case where more than 1 team reaches the boss at the same time, then a Tie Break event will take place between the teams for the right to attack the boss creature. The Tie Break event will be a PvP battle between the teams that wish to fight the boss creature.

Reward Rules:
If the entire team is alive after killing the boss creature, then the team leader will receive Equipment Set 1, and each of the 4 team members will receive a Equipment Set 2.
If any team member other than the leader is dead or otherwise not present after they have killed the boss creature, then they will each receive a Equipment Set 2.
If the team leader is dead or otherwise not present after the team has killed the boss creature, then each team member will receive 1 piece from Equipment Set 2.
If the team leader and 1 or more of the other team members are dead or missing after the team has killed the boss creature, then they will receive Survival Pack 1.
Teams that reach the boss creature after it has been defeated will receive Survival Pack 2.

Non-participating guild members of the winning team will receive Survival Pack 1.

Rewards:

Equipment Set 1:
Sorrow Helmet of Malice
Flame Shield of Efreet
Earth Glove of Gnome
Wind Boots of Shylph
Aqua Belt of Undine

Equipment Set 2:
Helmet of Honorary Knights
Shield of Honorary Knights
Glove of Honorary Knights
Boots of Honorary Knights
Belt of Honorary Knights

Survival Pack 1:
Pantera Potion x1
Tortus Potion x1
Poultry Potion x1
Rank3 Force Chip x20
Rank3 Soul Chip x20
Red Potion Lv3 x20
Blue Potion Lv3 x20

Survival Pack 2:
Rank3 Force Chip x10
Rank3 Soul Chip x10
Red Potion Lv3 x10
Blue Potion Lv3 x10