With rich vertical insights and proven omni-chain data processing capabilities, Chainbase has delivered tailored gaming and NFT data solutions, resulting in US $40-50K/month cost savings for vertical clients. Our expertise empowers the industry with real-time data and all-in-one APIs, driving significant advancements.
Background
Gaming and NFTs are pivotal to web3's growth and mainstream adoption. Despite fluctuations in market conditions and investor sentiment, the potential of these sectors remains immense. At its peak, the NFT market cap reached around $50 billion with over $1 billion in daily trade volume, and NFT holders grew to 4.5 million with 250,000 NFT collections minted. However, growth has slowed down tremendously, and gaming active users, while numbering around 1 million across 2,000+ contracts, represent a fraction of the overall gaming industry. The challenge lies in driving true mainstream adoption through ongoing creativity and experimentation.
Gaming and NFT activities are predominantly on Ethereum, Polygon, BNB Chain, and other leading L1s. Gaming-focused chains like Hive, Wax, and Immutable face significant growth challenges. Despite the current down cycle, the industry continues to build robust infrastructure behind the scenes, such as gaming platforms, NFT analytics tools, and GameFi infrastructure, which are essential for igniting the Web3 mass adoption.
Chainbase, as a leading omni-chain data network, has partnered closely with gaming and NFT projects, providing tailored products and valuable data resources. Our solutions have driven partner business expansion and user retention, positioning us as key contributors to the future of Gaming and NFTs.
Gaming Infrastructure
The Challenge
For full-stack gaming projects, equipping with robust wallet, NFT, and node services is crucial. Our Client A aimed to optimize user experience by retrieving real-time NFT portfolio data, but faced 5-10 minute delays with most providers due to blockchain reorgs. This lag risked losing customers. Similarly, Client B needed to parse NFT metadata from token URIs but encountered issues as providers only signaled URI changes, missing internal updates crucial for their roadmap.
The Solution
To resolve data lagging issues, Chainbase optimizes ETL processes and handles reorgs to enable real-time data syncing. By detecting and addressing reorganized blocks in real-time, our system ensures accurate, sub-second data responses, enhancing user experience and keeping clients ahead of competitors.
The Result
Chainbase's solution reduced development time by 3-5x and saved ~US $17K/month on development/server costs, seamlessly solving data lagging issues for gaming infrastructure clients.
NFT Platform
The Challenge
Launching an NFT marketplace requires real-time, accurate NFT metadata. Client C, a top CEX, found building support for Ethereum alone required significant resources. Adding Polygon and BNB Chain further increased costs, making the ROI untenable. Client D, a GameFi startup, aimed to enable in-game NFT trading but lacked expertise in building an RPC network and handling live NFT data.
The Solution
Chainbase's all-in-one RPC+Data API solution allows clients to launch NFT platforms quickly and scale their NFT businesses efficiently. By combining APIs and real-time data streams, we save clients months of development time and significant costs.
The Result
Chainbase's solution increased customer retention rates by 4-5x, shortened development time by 2-3x, and saved ~US $15K/month on development/server costs for NFT platform clients.
The Future
Gaming and NFTs exhibit strong market demand and high growth potential. Chainbase has served nearly 10 leading projects in these spaces, providing high-quality services and insights. Our goals are to:
1. Enable real-time tracking and sub-second responses for mainstream gaming assets and NFTs.
2. Simplify in-game asset and NFT marketplace development using a few APIs and primary data streams.
3. Empower the next trillion-dollar vertical of fully on-chain games, making it a 100% data-driven field.