diff --git a/bigchaindb/version.py b/bigchaindb/version.py
index 02947b70..95f84a62 100644
--- a/bigchaindb/version.py
+++ b/bigchaindb/version.py
@@ -1,2 +1,2 @@
-__version__ = '0.7.0'
-__short_version__ = '0.7'
+__version__ = '0.8.0.dev'
+__short_version__ = '0.8.dev'