diff --git a/package.json b/package.json
index 121f463ec6..8d6d9fd541 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
     "name": "azle",
-    "version": "0.6.0",
+    "version": "0.7.0--rc.0",
     "description": "TypeScript CDK for the Internet Computer",
     "scripts": {
         "typecheck": "tsc --noEmit",