Resale royalties allow artists to earn a percentage from the proceeds of their works when they are resold in the secondary market. This concept is particularly prevalent in the art and music industries, where the original creators can benefit from the increasing value of their works over time. The resale royalty can be set at a fixed percentage, typically ranging between 5% to 15%, and is calculated from the sale price of the artwork or item. This system has gained traction with the rise of NFTs (non-fungible tokens), enabling artists to integrate resale royalties directly into the smart contracts that govern their digital artwork on blockchain platforms.