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Thursday, January 23, 2025

How Rockset is driving the expansion of our NFT market


In Personal the secondOur mission is to energy the following era of sports activities followers: skilled athlete NFTs (non-fungible tokens). Participant NFTs are far more than the equal of digital baseball playing cards: they’re the way forward for the sports activities collectibles market.

We’re serving to to cleared the path. Followers and traders can monitor real-time market values for NFTs of NFL and NBA gamers by our service. We additionally present a on-line market to purchase and promote NFTs. Consider us like Ameritrade or Coinbase, however in your NFT sports activities belongings.



Most significantly, now we have additionally created a fantasy sports activities platform referred to as The House owners Membership that debuted a fantasy soccer league for the 2021-22 season. We awarded $1.5 million in prizes to opponents based mostly on their NFL fantasy groups, made up of participant NFTs they owned.

Whereas proudly owning different kinds of NFTs has turn out to be a bit like accumulating artwork, we’re gamifying sports activities NFTs to create far more utility and pleasure round them. This additionally creates larger alternatives for good merchants to earn money by shopping for and promoting NFTs from players.

This makes my job as CTO of a small startup extraordinarily attention-grabbing, as I needed to oversee the constructing of an information infrastructure that supported:

  • A fantasy sports activities league the place each information ingestion and concurrent utilization improve throughout recreation days.
  • A participant leaderboard with real-time outcomes.
  • Safe, environment friendly and quick information change with the Ethereum blockchain the place gamers’ NFT information is saved.
  • Extra standard use instances, reminiscent of inner monetary reporting.

It’s a troublesome activity. Contemplating how shortly the Internet 3.0 area has advanced, it is no shock that the primary model of our information infrastructure did not assist all of those calls for. Happily, we had been capable of pivot shortly after discovering a real-time analytics database tailor-made to our quickly evolving wants.

DynamoDB: Evaluation Limitations Revealed

I joined Personal The Second in 2021 once we had been nonetheless in stealth mode. I shortly found that to construct our fantasy sports activities league and NFT market, we would wish two major sources of knowledge:

  1. Actual-time recreation scores and participant statistics, each offered by a third-party information supplier.
  2. Blockchain nodes like Alchemy which permit us to learn and write details about NFTs and customers’ crypto wallets on the blockchain.

I constructed the primary model of our information infrastructure totally round Amazon’s DynamoDB database within the cloud. As our logging database, DynamoDB was nice for ingesting exterior information, which we saved in a single desk in DynamoDB. We additionally had smaller DynamoDB tables that saved our person info and the mechanics of our fantasy sports activities contests. Along with our common weekly contests for prime groups and cumulative participant leaderboards, we ran contests just like the worst group contest, in order that customers with dangerous NFT playing cards nonetheless had an opportunity to win.

To run these contests, we wanted to run complicated, large-scale queries utilizing DynamoDB information tables. And due to the variety of contests, we had many various inquiries. That is the place DynamoDB’s analytical limitations reared their ugly heads.

For instance, for any DynamoDB question to run fairly quick, we first wanted to create a secondary index with a kind key tailor-made to that question. Moreover, DynamoDB, as a NoSQL database, doesn’t assist SQL instructions reminiscent of JOIN a number of tables. As a substitute, we needed to denormalize our major DynamoDB desk by importing all of the person info that was saved in separate DynamoDB tables. This had vital disadvantages, reminiscent of difficulties retaining information up to date precisely throughout recreation days, in addition to the necessity for extra storage for a lot redundant info in our major desk. It is all deeply technical work that requires a developer educated in DynamoDB evaluation. And they’re a uncommon and costly group.

Added to the combination was the article relational mapping (ORM) software we had applied. referred to as dynamoose. Dynamoose offers helpful options together with a programmatic API and schema for schema-less DynamoDB. Nonetheless, the trade-off for that extra information modeling is a variety of extra latency for our queries. In our case, that resulted in a Three second question latency.

All in all, attempting to get DynamoDB to assist fast scans was a nightmare that would not finish. And with the NFL season beginning in lower than a month, we had been in a bind.

A quicker and friendlier resolution

We take into account some alternate options. One was to create one other information pipeline that might add information because it was ingested into DynamoDB. This may require creating a brand new desk, which might have required a couple of additional weeks of improvement time. One other was to discard DynamoDB and discover a conventional SQL database. Each would have required a variety of work.

After discovering Rockset by a AWS weblog on creating leaderboardsWe wasted no time and began creating a brand new customer-facing leaderboard based mostly on Rockset. One of many first issues my group and I observed was how straightforward Rockset was to make use of. I’ve labored with virtually each database that exists within the final twelve years. Actually, Rockset’s UI is the most effective I’ve ever labored with.

The SQL question editor is prime notch, monitoring question historical past, saving queries, and extra. It made my six builders, who know SQL, instantly productive. Primarily based on simply skimming by the SELECT and JOIN in some samples Question Lambdasthey understood what sort of information they’d and tips on how to work with it. On the finish of the day, they’d actually created purposeful SQL queries and APIs with none outdoors assist. And with Rockset Convergent index™ and computerized question optimizerAll consultations are quick and fail-safe. We do not have to create a customized index for every question like we do with Dynamo.

By utilizing Rockset, we saved weeks of labor hours attempting to beat and compensate for the analytical limitations of DynamoDB. We had been capable of implement a wholly new participant leaderboard in simply three weeks.

Developer productiveness is nice, however what about question efficiency? That is the place Rockset actually shined. As soon as we moved all of the queries feeding our leaderboards to Rockset – 100 Question Lambdas In complete, we began with the ability to question our information in 100 milliseconds or much less. That is a minimum of a 30x pace improve over DynamoDB.

Rockset’s serverless mannequin It additionally made scalability very easy. This was necessary to optimize each efficiency and value as our utilization may be very dynamic. Throughout the first season, our peak concurrent utilization throughout recreation occasions (Monday and Thursday nights and Sunday all day) was 20 occasions larger than throughout off-peak hours. I’d merely flip a swap and improve the dimensions of our Rockset occasion throughout recreation days and never fear about bottlenecks or wait occasions.


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We gained a lot confidence within the pace, scalability, and ease of use of Rockset that we shortly moved the remainder of our analytics operations to Rockset. That features ten information collections in complete, the biggest of which accommodates 15 million information, which retailer key information, together with:

  • 65,000 NFT transactions value $1 million in our first season
  • the 23,000 present customers of our system together with information of the 160,000 NFTs they personal
  • our largest information assortment: 400,000 information ingested from blockchains for NFT transactions associated to our good contracts

DynamoDB stays our database of document, connecting to microservices that sync with the blockchain and stream information sources. However actually each analytical and information retrieval calculation now goes by Rockset, from loading the participant’s NFT market and viewing all value and transaction statistics, to person playing cards. Rockset syncs with DynamoDB continually, pulling new recreation scores each 5 to 10 seconds and syncing with the blockchain the place the person’s NFT and pockets information is saved, and writing all of that to an listed assortment.

We additionally do all of our inner administrative reporting by Rockset. Rockset JOINS market, person, and cost info from separate DynamoDB tables to supply aggregated studies that we export as CSV information. We had been capable of produce these studies in a matter of minutes utilizing the Collections Tab in Rockset.

In distinction, creating this in DynamoDB would have required scripts and guide document becoming a member of, each of that are fairly error-prone. We in all probability saved days, if not weeks, of time utilizing Rockset. It additionally allowed us to run giveaways and contests for customers who had complete NFT collections in our system or spent $X on {the marketplace}. With out Rockset, including our rising assortment of DynamoDB tables would have required an excessive amount of work.

Future plans

Final season we distributed 1.5 million {dollars} in prizes. It was actual cash at stake! Nonetheless, it was basically a proof of idea for our Rockset-based analytics platform, which labored completely. We’ve diminished the variety of question errors and timed-out queries to zero. Each question runs shortly proper out of the field. Our common question latency has been diminished from six seconds to 300 milliseconds. And that is true for each small and huge information units.

Plus, Rockset makes my builders tremendous productive, with an easy-to-use UI and Write API and SQL assist. And options like converged index and question optimization get rid of the necessity to spend useful engineering time on question efficiency.

For the upcoming NFL season, we’re speaking to a number of big-name potential companions within the sports activities media and fantasy enterprise. They arrive to us as a result of we’re the one platform I do know of at this time that integrates blockchain right into a utility-based NFT resolution.

We’re additionally engaged on many backend modifications, reminiscent of creating new APIs in Rockset and new integrations. We’re additionally making ready for 10x progress throughout all dimensions: person base, participant NFTs, information logs, and extra. What will not change is Rockset. It has proven us that it could meet all our wants: ultra-fast, scalable and sophisticated analytics which can be straightforward to develop and cost-effective to handle.



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