diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index db2e3560a..c115b9b1c 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 0.19.4
+current_version = 0.20.0rc1
 commit = True
 tag = True
 parse = (?P<major>\d+)\.(?P<minor>\d+)\.(?P<patch>\d+)((?P<release>[a-z]+)(?P<candidate>\d+))?
diff --git a/package.json b/package.json
index 2152c5e77..0426b9c27 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "LBRY",
-  "version": "0.19.4-dev",
+  "version": ""version": "0.20.0rc1"-dev",
   "description": "A browser for the LBRY network, a digital marketplace controlled by its users.",
   "homepage": "https://lbry.io/",
   "bugs": {