diff --git a/.changeset/pre.json b/.changeset/pre.json
new file mode 100644
index 00000000..7410e3d4
--- /dev/null
+++ b/.changeset/pre.json
@@ -0,0 +1,5 @@
+{
+  "livekit-protocol": [
+    "f2-rc.md"
+  ]
+}
diff --git a/livekit-api/pyproject.toml b/livekit-api/pyproject.toml
index caa412f4..c76532ec 100644
--- a/livekit-api/pyproject.toml
+++ b/livekit-api/pyproject.toml
@@ -37,7 +37,7 @@ dependencies = [
     "multidict>=6.9.1; python_version >= '3.10'",
     "protobuf>=4",
     "types-protobuf>=4",
-    "livekit-protocol>=1.2.0,<2.0.0",
+    "livekit-protocol>=1.3.0.rc1,<2.0.0",
 ]
 
 [project.urls]
diff --git a/livekit-protocol/livekit/protocol/version.py b/livekit-protocol/livekit/protocol/version.py
index c68196d1..1348897e 100644
--- a/livekit-protocol/livekit/protocol/version.py
+++ b/livekit-protocol/livekit/protocol/version.py
@@ -1 +1 @@
-__version__ = "1.2.0"
+__version__ = "1.3.0.rc1"