"Abstract Composition" by Vladimir Baranoff-Rossiné is up for auction on Mintable with an accompanying NFT.

The family of Ukrainian painter Wladimir Baranov-Rossiné is selling his works through digital auction, riding on the craze for NFTs. — AFP

Old and new are colliding in the art market. The family of the Ukrainian artist Wladimir Baranoff-Rossiné is putting several of his works up for auction on the Mintable platform in the form of non-fungible tokens, or NFTs.

Although a significant figure of the Russian avant-garde, Wladimir Baranov-Rossiné hasn't had the same success as some of his contemporaries on the art market. In fact, according to Bloomberg, his art has come to auction 100 times since June 2011, and most of it didn't sell.