Unfortunately, this doesn't appear to be a popularity contest, and based on the criteria, +Ingress
is primarily considering Agent Activity via hacking stats as one of the most important contributions towards the Elite V status.
Agents have to promote themselves if they want to win, and that decision-making process is going to be based on what they submit, not what other Agents think of someone.
Having been exposed to several regional communities, a range of local groups, and a few planned events, one thing is clear--every region has it's own leaders, achievers, work-horses, and squads. Picking only 5 out of the hundreds of thousands world-wide is going to be a challenge to say the least.
That being said, the whole statistics thing is going to naturally favor players in high-concentration portal zones, who have unlimited opportunities to build/destroy/hack/link, as opposed to those of us trapped in the back-woods. This contest is going to be a race for AP and bragging points, not about the leaders who have really contributed to the growth, popularity, and sustainability of this 'game' moving forward.