diff --git a/package.json b/package.json
index ab95361..5774fb7 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "theatre-monorepo",
   "license": "Apache-2.0",
-  "version": "0.5.0",
+  "version": "0.5.1-rc.1",
   "workspaces": [
     "packages/*",
     "examples/*",
diff --git a/packages/browser-bundles/package.json b/packages/browser-bundles/package.json
index 0ad28ac..0825d12 100644
--- a/packages/browser-bundles/package.json
+++ b/packages/browser-bundles/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@theatre/browser-bundles",
-  "version": "0.5.0",
+  "version": "0.5.1-rc.1",
   "license": "SEE LICENSE IN LICENSE",
   "author": {
     "name": "Aria Minaei",
diff --git a/packages/dataverse/package.json b/packages/dataverse/package.json
index c4c49ac..cc2abd3 100644
--- a/packages/dataverse/package.json
+++ b/packages/dataverse/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@theatre/dataverse",
-  "version": "0.5.0",
+  "version": "0.5.1-rc.1",
   "license": "Apache-2.0",
   "author": {
     "name": "Aria Minaei",
diff --git a/packages/r3f/package.json b/packages/r3f/package.json
index 8fa48c2..f50e694 100644
--- a/packages/r3f/package.json
+++ b/packages/r3f/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@theatre/r3f",
-  "version": "0.5.0",
+  "version": "0.5.1-rc.1",
   "license": "Apache-2.0",
   "authors": [
     {
diff --git a/packages/react/package.json b/packages/react/package.json
index c6b5bc4..18c02fb 100644
--- a/packages/react/package.json
+++ b/packages/react/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@theatre/react",
-  "version": "0.5.0",
+  "version": "0.5.1-rc.1",
   "license": "Apache-2.0",
   "author": {
     "name": "Aria Minaei",
diff --git a/theatre/core/package.json b/theatre/core/package.json
index a05ff2a..33d648d 100644
--- a/theatre/core/package.json
+++ b/theatre/core/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@theatre/core",
-  "version": "0.5.0",
+  "version": "0.5.1-rc.1",
   "license": "Apache-2.0",
   "description": "Motion design editor for the web",
   "repository": {
diff --git a/theatre/package.json b/theatre/package.json
index 0191711..7a77bb9 100644
--- a/theatre/package.json
+++ b/theatre/package.json
@@ -1,7 +1,7 @@
 {
   "name": "theatre",
   "private": true,
-  "version": "0.5.0",
+  "version": "0.5.1-rc.1",
   "workspaces": [
     "./shared",
     "./core",
diff --git a/theatre/studio/package.json b/theatre/studio/package.json
index 0199e0e..983391e 100644
--- a/theatre/studio/package.json
+++ b/theatre/studio/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@theatre/studio",
-  "version": "0.5.0",
+  "version": "0.5.1-rc.1",
   "license": "AGPL-3.0-only",
   "description": "Motion design editor for the web",
   "repository": {