Too culty for my taste. This protocol is only a tool, after all. Sure, it's a great tool, but if I went to $100 conventions for every great tool in my life, I'd go broke.
CoinFest is free to attend.

We also have prizes and give aways, but you're supposed to save them for the noobs so they'll learn to love Bitcoin.
The reason there's no CoinFest in East Asia is because nobody has stepped up to organize one. CoinFest is decentralized--it just has protocols, like Bitcoin, which you can choose (or not) to implement in your city. This is a network of autonomous nodes, eventually to be DAO'd