diff --git a/lbrynet/__init__.py b/lbrynet/__init__.py
index 9be6b220b..d2df3a8b3 100644
--- a/lbrynet/__init__.py
+++ b/lbrynet/__init__.py
@@ -1,6 +1,6 @@
 import logging
 
-__version__ = "0.15.2rc3"
+__version__ = "0.16.0rc1"
 version = tuple(__version__.split('.'))
 
 logging.getLogger(__name__).addHandler(logging.NullHandler())