diff --git a/examples/custom-ipld-formats/package.json b/examples/custom-ipld-formats/package.json
index a871de24cd..f44fa4c2f6 100644
--- a/examples/custom-ipld-formats/package.json
+++ b/examples/custom-ipld-formats/package.json
@@ -12,8 +12,8 @@
   },
   "dependencies": {
     "cids": "^1.1.6",
-    "ipfs-daemon": "^0.6.1",
-    "ipfs-core": "^0.6.1",
+    "ipfs-daemon": "^0.14.0",
+    "ipfs-core": "^0.16.0",
     "ipfs-http-client": "^50.0.0",
     "multicodec": "^3.0.1",
     "multihashing-async": "^2.1.2",