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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 rather 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 NFL and NBA participant NFTs by way of 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 have now additionally created a fantasy sports activities platform referred to as The Homeowners 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 varieties of NFTs has change into like gathering artwork, we’re gamifying sports activities NFTs as a way to create much more utility and pleasure round them. This additionally creates larger alternatives for savvy merchants to earn money shopping for and promoting participant NFTs.

This makes my job as CTO of a small startup extraordinarily fascinating, 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 instances reminiscent of inner monetary reporting

It’s a tall order. Contemplating how shortly the Internet 3.0 area has been evolving, it’s no shock that the primary model of our information infrastructure didn’t help 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 wish two major sources of information:

  1. Actual-time sport scores and participant statistics, each equipped by an exterior information supplier
  2. Blockchain nodes reminiscent of 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 report, DynamoDB was nice at ingesting exterior information, which we saved inside a single desk in DynamoDB. We additionally had smaller DynamoDB tables storing our person data and the mechanics of our fantasy sports activities contests. Apart from our common weekly high group contests and cumulative participant leaderboards, we ran contests reminiscent of worst group, 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 advanced, large-scale queries utilizing the DynamoDB information tables. And due to the variety of contests, we had numerous completely different queries. That’s the place DynamoDB’s analytical limitations reared their ugly heads.

As an 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 help SQL instructions reminiscent of JOINING a number of tables. As an alternative, we needed to denormalize our major DynamoDB desk by importing all the person data that was saved in separate DynamoDB tables. This had main downsides, reminiscent of difficulties holding information precisely up to date throughout sport days, as properly needing additional storage for a lot redundant information in our major 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 further information modeling is numerous further latency for our queries. In our case, that resulted in a question latency of three seconds.

All in all, attempting to make DynamoDB help quick analytics was a nightmare that might not finish. And with the NFL season set to begin in lower than a month, we have been in a bind.

A Sooner, Friendlier Answer

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

After discovering Rockset by way of 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 group and I seen was how straightforward Rockset was to make use of. I’ve labored with virtually each database on the market prior to now twelve years. Rockset’s UI is actually 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 a couple of pattern Question Lambdas, they understood what sort of information they’d and how one can work with it. By the tip of the day, they’d actually constructed functioning SQL queries and APIs with none exterior assist. And with Rockset’s Converged Index™ and computerized question optimizer, all queries are quick and failure proof. We don’t must construct a customized index for each question like we do with Dynamo.

Through the use of Rockset, we saved weeks of man-hours attempting to beat and compensate for DynamoDB’s analytical limitations. We have been in a position to roll out a complete 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 whole – we began with the ability to question our information in 100 milliseconds or much less. That’s no less than a 30x pace enhance over DynamoDB.

Rockset’s serverless mannequin additionally made scalability very easy. This was essential to optimize each efficiency in addition to value, since our utilization is so dynamic. Through 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 swap 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 pace, 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 most important of which holds 15 million information, 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 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 report, connecting to microservices syncing with the blockchain and streaming information feeds. However actually each information retrieval and analytical calculation now goes by way of Rockset, from loading the participant NFT market and viewing all the pricing statistics and transactions, to the person playing cards. Rockset syncs with DynamoDB consistently, pulling new sport scores each 5-10 seconds and syncing with the blockchain the place NFT and person pockets information is saved, and writing all of that into an listed assortment.

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

Constructing this in DynamoDB, against this, would have required scripts and guide becoming a member of of information, each of that are fairly error-prone. We most likely 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 reduce 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 help. And options like Converged Index and question optimization get rid of the necessity to spend worthwhile engineering time on question efficiency.

For the approaching NFL season, we’re speaking to quite a lot of potential huge 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 at the moment that integrates the blockchain on high of a utility-based NFT answer.

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



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