Coinfest story started from a small gathering at a Waves Coffee House in Vancouver in 2013. The main topic was the acceptance of the Bitcoin and its future possibilities and prospects. 2 years later Coinfest started its huge global recognition. Now, the original meeting has turned into a variety of exhibits all over the world. The idea is to celebrate multiple blockchain events within a specified period of time. Coinfest operates under a particular set of principles on an open domain. The founders believe that Coinfest will turn into a decentralized autonomous organization.