The art industry is no exception to the trend of NFT becoming increasingly popular across all major industry verticals, providing numerous business opportunities. Most of the time, after an artist sells their work, they don't make any money from reselling it. With the help of smart contract-powered NFT art marketplace development, a blockchain program that self-executes tasks whenever certain conditions are met, artists can determine the number of royalties they receive thanks to NFTs, which have revolutionized the secondary art market. Within the smart contract, artists can set up a rule that pays them a royalty whenever their NFT art is sold on the secondary market.