I don't know about you but selling right now when the launch can happen any day now. Check out Edgeless' Tweets, they are ramping up promotions. Sure, you can sell now and sell BTC, but any moment BTC may decide to go re-test $2,500 and then you have to buy expensive BTC and then maybe EDG's price is above your sell price.

Well, I am not only following EDG, I am chatting with founders about the project and attracting hedge fund to their project. Though it doesn't mean that I should just wait while market is crashing when I can double my money and invest back into EDG. Plus I know for sure that there will not be license till September as EDG team said: 25% is done about licensing.
Look by yourself:
http://www.mga.org.mt/support/frequently-asked-questions/If all the necessary documentation and information is provided to the Authority, the process takes approximately between 12 to 16 weeks.The market is unpredictable but EDG is something to watch for and maybe after this segwit drama we can see it's price increase again. Licensing maybe done by September but this downtrend will surely end by August, specifically after August 1. Dude, after the price starts to recover again, we might be back again at 30K which will make you regret why sold at this moment.