diff --git a/package-lock.json b/package-lock.json
index ac1dac4c58..884fd2ba8d 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
     "name": "azle",
-    "version": "0.21.1",
+    "version": "0.22.0-rc.3",
     "lockfileVersion": 3,
     "requires": true,
     "packages": {
         "": {
             "name": "azle",
-            "version": "0.21.1",
+            "version": "0.22.0-rc.3",
             "license": "MIT",
             "dependencies": {
                 "@dfinity/agent": "^1.1.0",
diff --git a/package.json b/package.json
index 3db95f8abf..00e711b520 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
     "name": "azle",
-    "version": "0.21.1",
+    "version": "0.22.0-rc.3",
     "dfx_version": "0.18.0",
     "description": "TypeScript and JavaScript CDK for the Internet Computer",
     "scripts": {