Mysterious emblems can be traded to the Emblem Trader for bounties, which are used to purchase items from at the Bounty Hunter Store.
They can be obtained by killing an assigned target on the official Bounty Hunter world, while possessing an emblem in inventory.
Players can no longer receive one as a drop from wilderness bosses or monsters assigned by Krystilia while playing in the Bounty Hunter world.
Emblems will always be lost upon death. To upgrade an emblem, a player must risk their current emblem. If a player kills another player who has a tier 4 emblem, the resulting drop will be a tier 5 emblem. On death, the emblem is downgraded.