Actually that's not correct, the coin 'burn' established a vested interest without there being a token sale for the very reason that a sale of coins/tokens would fall foul of securities laws and create myriad liability issues. The 'burn' distributed the coin publicly and fairly at a cost to the participants but without the developers receiving a monetary gain from the process.

See my medium article for a more detailed explanation:
https://medium.com/@jamiet_3986/battlestar-coin-an-unashamedly-proud-altcoin-copy-334bf1f1edb2