This quite possibly could one of the most exciting and innovative technologies to come out within the last few years for aspiring and established DJs and producers. The opportunity to create new music while paying tribute to artist samples without the headache of third party clearance was something unheard of until now. Co-founded in 2010 by Omid McDonald, investors from the Purple Angel, Ontario Emerging Technology Fund and a team of engineers and scientists have created Legitmix, a revolutionary new beta platform that enables remixers to sell and share their work without going through the traditional sample-clearance process, while still ensuring sampled artists get paid.

World-famous digger Kon (of Kon & Amir), called the “edit king of 2012” by Gilles Peterson, is putting together a 6-track EP, Kon & The Gang, featuring two of his remixes, and four from his favorites amongst those posted to Legitmix, and tagged “Kon & the Gang”. The EP will be sold using Legitmix. The EP and contest are being pushed by legendary dance music promoters Giant Step. The Kon & The Gang contest ends July 4, 2012. Kon’s previously unreleased edit of Slave’s “Watching You”, the first single off the EP, is out now.

Legitmix recently released a self-serve interface that let’s anyone release sample-based music using the patented technology. The company chose the Kon and Giant Step to introduce their new interface, because the disco-edit community, although underground, is built upon remixers paying homage to the artists they sample, a premise Legitmix is built upon. “Bring old classics to a whole new audience,” Kon explains. “Or remix or rework giants to get known. But make sure you sample music you love. This is not about hiding samples. With Legitmix, both remixer and sampled artist get credited and paid, and everything gets worked out with technology, not lawyers and paperwork. That’s what edits and remixes should be about: a partnership between producers and the artists they sample.”

Legitmix frees remixers from traditional music clearance concerns by enabling them to sell a “Legitmix file,” which works like digital instructions to recreate a remixer’s work using the consumer’s copy of the sampled tracks. Consumers who don’t own a sampled track can buy it from Legitmix or iTunes, so both remixers and the artists they sample get credited and paid. Take a look at the video for more details.