Flex Score is unique scoring system for the quality of crypto influencers

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FEBRUARY, 2023
Know who to trust
Flex Coin
Whitepaper

2. 2
Introduction
Flex Coin Idea
Our journey started with a few simple questions.
- How to know which crypto influencers can I trust?
- How to know which influencers do not care if their audience loses money?
- How to determine influencers' “quality”?
Influencers, as their title suggests, have enormous leverage on social media, with the
ability to introduce audiences to the latest trends and often persuade them to take
action, such as making purchases based on the influencer’s recommendations.
Because of this, it is important to have highly trustworthy influencers which people in
crypto can follow and therefore invest in legit projects, not scams.
Even one of the biggest crypto influencers Ben Armstrong, best known as “Bitboy
Crypto”, with over 1.4 million subscribers on YouTube, faced backlash over some of his
hyped content. One user went so far as to call seven of his touts outright scams in an
investigative thread on Reddit. Armstrong was one of the most vocal supporters of
crypto lender Celsius Network but later Celsius froze billions of dollars from depositors
and Armstrong just said he was one of the victims of the lending platform’s collapse
“Flex Coin is here to determinate who can we trust in
the crypto influencer world”

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With 332 million followers on Instagram and nearly 74 million followers on Twitter,
reality star Kim Kardashian plunged into trouble with the Securities and Exchange
Commission (SEC) over a crypto promotion.
In October, Kardashian admitted not properly disclosing the $250,000 payment she
received for promoting the “ethereumMax” digital token EMAX on Instagram which
turned up to be a scam.
All these examples are showing us how even the big influencers are not always
trustworthy. That’s why we are creating the FLEX ecosystem where crypto influencers
will have a rating score. Very simple, if they are good in terms of projects and
trustworthy, their score will be high. If they are promoting scams and tokens which go
down after the promotion (Pump and dumps) their score will be low.
STAY SAFE BY USING THE FLEXBOT SCORING SYSTEM

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How will Flex Score work?
Flex Bot idea
Our plan is to reach our goal of distinguishing between low-quality and high-quality
crypto influencers by creating Flex Score. This will be the scoring system for crypto
influencers. By this we want to fundamentally change the crypto influencer world.
What's your favourite crypto influencer follower count? How many likes and retweets
do they have? Forget that! It is not relevant. What their FLEX score is what matters
now!
To achieve this plan, we will develop a Telegram bot which will take crypto influencer
tweets about some token and check the price and market cap at that time of the tweet.
Then the bot will compare that with the current price or ATH price of that token.
This will reveal how much could people who follow their tweets earn or lose if they
bought that token. This will also reveal the quality of specific crypto influencers. This
score will be called the FLEX score. Also, the FLEX score corresponds with the risk levels
of any individual influencer.
“Flex Score is unique scoring system for the quality of
crypto influencers”

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FlexBot will contain 3 unique systems:
- Influencers tweets fetching system Influencers' tweets fetching system which
will recognize tweets from specific crypto influencers which we will put on a list
which will bot use. This list will be suggested and updated by the community.
This system will search for $ in a Twitter post to understand that it is a ticker for
a specific token. For example, a crypto influencer mentioned in the post: “With
$GOLD we will moon soon”. Our system will recognize that word “GOLD” is a
ticker for a specific token
- Token market cap fetching system – this system will save the token ticker from
the last system (the ticker which is mentioned in the influencer post) and use
that ticker to find the market price of that specific token. Then this information
will be saved in a database and be regularly checked because the market cap of
the token will change
- Machine Learning model – this model is another system which will determine
which score to give to a specific influencer. It will work based on the data. It will
use the database from the previous systems. If the market cap of specific token
changes it means that the price as well changed. According to this, it means that
the influencer tweeted about token which increased in price. This will increase
the total Flex score of the influencer
Representation of FlexBot workflow
The score will be calculated on these credibility factors: Reliability, Likeability,
Competency, Genuineness, Accuracy, Honesty, and Consistency. These factors, used
for creating the FLEX score, will be gradually updated as the development continues
and the database updates.

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Tokenomics
Flex Coin token ecosystem
Flex Coin will be an ERC-20 token on the Ethereum network and will be available to
purchase on Uniswap decentralized exchange. Liquidity Pool will be locked with a plan
to extend the lock further and further until we reach a one-thousand years lock period.
This means there will be no possibility to remove initial liquidity unless one thousand
years pass.
To make the distribution of the FLEX coin fair, our idea is to do what is called a “Stealth
launch”. By reducing or eradicating early coin access, this type of launch will help foster
equitable coin distribution because coins are sold to all participants equally. Only 3% of
total Flex coins will be reserved for the team and initial marketing.
Coin distribution
96% FLEX coins Uniswap Liquidity Pool for trading
4% FLEX coins Team and initial marketing
To make the distribution of Flex coins even more fair, the maximal wallet will be able to
buy only 2% of the total supply. This will distribute coins to all participants equally,
instead of giving a whale bigger chances at the launch. One hour after launch, this limit
will be removed.
Tax structure of FLEX
Buy tax Sell tax
5% 5%
From 5%, funds will be distributed to:
- 3% will go to development of FlexBot and other utilities on our roadmap.
- 2% will go to marketing purposes to reach project awareness
-

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Risks
Research of the existing market
Doing research gives us a solid foundation on which we can build our ideas and
opinions. A SWOT analysis is helping identify areas of the idea that are performing well.
These areas are critical success factors, and they give an idea of its competitive
advantage. Identifying these strengths will help us make sure that we maintain them
and don't lose our competitive advantage.
STRENGTHS
• Programming knowledge and
skills of our developers
• Knowledge and experience in
creating Telegram bots
• Understanding of Crypto
users needs
WEAKNESSES
• The community will not trust
that we are independent
when giving a score to
influencers
• We do not have a power of a
famous brand
OPPORTUNITIES
• There is no such idea on the
market
• There are thousands and
thousands of influencers out
there
• Potential to grow
THREATS
• There is a possibility that
there will not be enough
people interested in our
project and idea
• Marketing can reach poor
results

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Our Roadmap
Flex Coin plans for succees summed up in 3 phases
Phase 1 – flexing with the basic things
- Idea creation
- FlexPaper v1 release
- Stealth launch
- LP lock
- Website ver1
- Marketing Push
Phase 2 – flexing with some utility
- FlexBot launch
- Adding new influencers to the bot (community help)
- LP lock extend
- DEXTools update
- Coingecko and CMC listing
- $FLEX audit
- New features for Flex Bot
Phase 3 – flexing with the success
- FlexBot browser implementation
- Website and roadmap v2
- Twitter partnership
- Listing on centralized exchanges
- LP locked forever (burn)

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Other FLEX plans
Flex Coin plans in more details
Those who are high-quality and efficient influencers in the terms of value gains will
receive special NFT airdrops from our team. These NFTs will be a reward for the high-
quality content of the crypto influencer. Idea is that influencers can brag about this
(Flex) and how they are high-scored on the Flex score. With this, Flex Coin will
indirectly have a free promotion from the influencers.
Flex Coin holders who will hold at least 0.5% of the supply, will get access to the
special high-quality content Telegram channel. This channel will be a place where
users will receive tweets from 10 highly scored crypto influencers on Flex score. This
Telegram channel will become an important part of the crypto community
WE ARE CREATING THE FLEX ECOSYSTEM WHERE CRYPTO INFLUENCERS WILL HAVE A
RATING SCORE. THE SCORE WILL MEASURE HOW GOOD OR POPULAR THE
INFLUENCER IS. THE HIGHER THE FLEX SCORE, THEY CAN BE TRUSTED MORE AND VICE
VERSA.