diff --git a/package.json b/package.json
index 0f6fd70e16..5a12b1ed88 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
     "name": "azle",
-    "version": "0.23.0",
+    "version": "0.24.1-rc.0",
     "description": "TypeScript and JavaScript CDK for the Internet Computer",
     "scripts": {
         "typecheck": "tsc --noEmit",