diff --git a/app/package.json b/app/package.json
index b5e31d2cf..4e31ef4d4 100644
--- a/app/package.json
+++ b/app/package.json
@@ -1,6 +1,6 @@
 {
   "name": "lisk-nano",
-  "version": "0.2.1",
+  "version": "1.0.0-rc.1",
   "description": "Lisk Nano",
   "main": "main.js",
   "author":{
diff --git a/package.json b/package.json
index 886142a04..47b3721e2 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "lisk-nano",
-  "version": "0.2.1",
+  "version": "1.0.0-rc.1",
   "description": "Lisk Nano",
   "homepage": "https://github.com/LiskHQ/lisk-nano",
   "bugs": "https://github.com/LiskHQ/lisk-nano/issues",