diff --git a/charts/Chart.yaml b/charts/Chart.yaml
index fd386c03..e9b73934 100644
--- a/charts/Chart.yaml
+++ b/charts/Chart.yaml
@@ -2,4 +2,4 @@ apiVersion: v2
 description: Helm chart of [hashgraph/hedera-sourcify](https://github.com/hashgraph/hedera-sourcify) repository service.
 name: sourcify
 type: application
-version: 0.3.0-SNAPSHOT
\ No newline at end of file
+version: 0.3.0-rc1
\ No newline at end of file
diff --git a/package.json b/package.json
index b42002f3..3fb5ce52 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@hashgraph/hedera-sourcify",
-  "version": "0.3.0-SNAPSHOT",
+  "version": "0.3.0-rc1",
   "description": "A Hedera fork of Ethereum Sourcify that provides a Solidity metadata-based re-compilation and source verification tool",
   "private": true,
   "repository": {
diff --git a/ui/package.json b/ui/package.json
index 12896ef1..e4ec4936 100644
--- a/ui/package.json
+++ b/ui/package.json
@@ -1,6 +1,6 @@
 {
   "name": "sourcify-ui",
-  "version": "0.3.0-SNAPSHOT",
+  "version": "0.3.0-rc1",
   "private": true,
   "dependencies": {
     "@ethersproject/abi": "^5.7.0",