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Sunday, November 24, 2024

How Rockset Propels the Progress of Our NFT Market


At Personal the Second, our mission is to drive the following technology of sports activities fandom – NFTs (non-fungible tokens) of professional athletes. 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 prepared the ground. Followers and buyers can monitor real-time market values for NFL and NBA participant NFTs by our service. We additionally present an on-line market for getting and promoting NFTs. Consider us like Ameritrade or Coinbase, however to your sports activities NFT belongings.


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

Whereas proudly owning different kinds of NFTs has turn out to be like accumulating artwork, we’re gamifying sports activities NFTs in an effort to create much more utility and pleasure round them. This additionally creates better alternatives for savvy merchants to earn a living shopping for and promoting participant NFTs.

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

  • A fantasy sports activities league the place each information ingestion and concurrent utilization spikes throughout sport days
  • A participant leaderboard with real-time outcomes
  • Safe, environment friendly and quick information alternate with the Ethereum blockchain the place participant NFT information is saved
  • Extra standard use circumstances akin to inner monetary reporting

It’s a tall order. Contemplating how shortly the Internet 3.0 house has been evolving, it’s no shock that the primary model of our information infrastructure didn’t assist all of those calls for. Happily, we have been in a position to shortly pivot after we found a real-time analytics database tailored for our quick evolving wants.

DynamoDB: Analytics Limitations Revealed

I joined Personal The Second in 2021 whereas we have been nonetheless in stealth mode. I shortly found that to construct our fantasy sports activities league and NFT market, we would want two essential sources of information:

  1. Actual-time sport scores and participant statistics, each equipped by an exterior information supplier
  2. Blockchain nodes akin to Alchemy that permit us to each learn and write details about NFTs and customers’ crypto wallets to the blockchain

I constructed the primary model of our information infrastructure wholly round Amazon’s DynamoDB database within the cloud. As our database of document, DynamoDB was nice at ingesting exterior information, which we saved inside a single desk in DynamoDB. We additionally had smaller DynamoDB tables storing our consumer data and the mechanics of our fantasy sports activities contests. Moreover our common weekly prime staff contests and cumulative participant leaderboards, we ran contests akin to worst staff, in order that customers with unhealthy NFT playing cards nonetheless had an opportunity to win.

To run these contests, we would have liked to run complicated, large-scale queries utilizing the DynamoDB information tables. And due to the variety of contests, we had loads of totally different queries. That’s the place DynamoDB’s analytical limitations reared their ugly heads.

For example, to make any DynamoDB question run fairly quick, we first wanted to create a secondary index with a kind key tailor-made for that question. Additionally, DynamoDB, as a NoSQL database, doesn’t assist SQL instructions akin to JOINING a number of tables. As a substitute, we needed to denormalize our essential DynamoDB desk by importing all the consumer info that was saved in separate DynamoDB tables. This had main downsides, akin to difficulties holding information precisely up to date throughout sport days, as effectively needing further storage for a lot redundant information in our essential desk. It’s all deeply-technical work that requires a developer expert in DynamoDB analytics. And they’re a uncommon and costly bunch.

Thrown into the combo was the object-relational mapping (ORM) software we had deployed referred to as Dynamoose. Dynamoose offers helpful options together with a programmatic API and a schema for the schemaless DynamoDB. Nevertheless, the tradeoff for that extra information modeling is loads of extra latency for our queries. In our case, that resulted in a question latency of three seconds.

All in all, making an attempt to make DynamoDB assist quick analytics was a nightmare that may not finish. And with the NFL season set to begin in lower than a month, we have been in a bind.

A Sooner, Friendlier Resolution

We thought of just a few alternate options. One was to create one other information pipeline that may combination information because it was ingested into DynamoDB. This could require creating a brand new desk, which might’ve required just a few further weeks of dev time. One other was to scrap DynamoDB and discover a conventional SQL database. Each would have required loads of work.

After discovering Rockset by an AWS weblog on creating leaderboards, we wasted no time in beginning to construct a brand new customer-facing leaderboard primarily based on Rockset. One of many first issues my staff and I seen was how straightforward Rockset was to make use of. I’ve labored with virtually each database on the market up to now twelve years. Rockset’s UI is truthfully the most effective I’ve labored with.

The SQL question editor is top-notch, monitoring question historical past, saving queries and extra. It made my six builders, who all know SQL, instantly productive. Simply primarily based on skimming the SELECTs and JOINs in just a few pattern Question Lambdas, they understood what sort of information that they had and the right way to work with it. By the tip of the day, that they had actually constructed functioning SQL queries and APIs with none exterior assist. And with Rockset’s Converged Index™ and automated question optimizer, all queries are quick and failure proof. We don’t should construct a customized index for each question like we do with Dynamo.

Through the use of Rockset, we saved weeks of man-hours making an attempt to beat and compensate for DynamoDB’s analytical limitations. We have been in a position to roll out an entire new participant leaderboard in simply three weeks.

Developer productiveness is nice, however what about question efficiency? That’s the place Rockset actually shined. As soon as we moved all 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’s a minimum of a 30x velocity improve over DynamoDB.

Rockset’s serverless mannequin additionally made scalability very easy. This was vital to optimize each efficiency in addition to value, since our utilization is so dynamic. In the course of the first season, our peak concurrent utilization throughout sport occasions – Monday and Thursday nights, and all day Sundays – was 20x larger than throughout off peak occasions. I’d merely flip a change and bump up the scale of our Rockset occasion throughout sport days and never fear about any bottlenecks or time outs.


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We gained a lot confidence in Rockset’s velocity, scalability, and ease of use that we shortly moved the remainder of our analytical operations to Rockset. That features ten information collections in all, the biggest of which holds 15 million data, that retailer key information, together with:

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

DynamoDB stays our database of document, connecting to microservices syncing with the blockchain and streaming information feeds. However actually each information retrieval and analytical calculation now goes by Rockset, from loading the participant NFT market and viewing all the pricing statistics and transactions, to the consumer playing cards. Rockset syncs with DynamoDB consistently, pulling new sport scores each 5-10 seconds and syncing with the blockchain the place NFT and consumer pockets information is saved, and writing all of that into an listed assortment.

We additionally do all of our inner administrative reporting by Rockset. Rockset JOINs market, consumer, and funds info from separate DynamoDB tables to provide combination stories that we export as CSV recordsdata. We have been in a position to produce these stories in mere minutes utilizing the Collections tab in Rockset.

Constructing this in DynamoDB, in contrast, would have required scripts and handbook becoming a member of of data, each of that are fairly error-prone. We in all probability saved days if not weeks of time utilizing Rockset. It additionally enabled us to run giveaways and contests for customers who had full set collections of NFTs in our system or spent X {dollars} within the market. With out Rockset, aggregating our ever-expanding assortment of DynamoDB tables would have required an excessive amount of work.

Future Plans

Final season we gave out $1.5 million in prizes. That was actual cash that was on the road! Nonetheless, it was primarily a proof of idea for our Rockset-based analytics platform, which carried out flawlessly. We’ve minimize the variety of question errors and timed-out queries to zero. Each question runs quick out of the field. Our common question latency has shrunk from six seconds to 300 milliseconds. And that’s true for small datasets and bigger ones.

Furthermore, Rockset makes my builders tremendous productive, with the 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 approaching NFL season, we’re speaking to quite a lot of potential large title companions within the sports activities media and fantasy enterprise. They’re coming to us as a result of we’re the one platform I do know of as we speak that integrates the blockchain on prime of a utility-based NFT answer.

We’re additionally engaged on loads of backend modifications akin to constructing new APIs in Rockset and new integrations. We’re additionally getting ready for 10x progress on each dimension – consumer base, participant NFTs, information data and extra. What gained’t change is Rockset. It’s confirmed to us that it will possibly deal with all of our wants: ultra-fast, scalable and sophisticated analytics which can be straightforward to develop and cost-effective to handle.



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