diff --git a/setup.py b/setup.py
index 2a97dccc..fca22f64 100644
--- a/setup.py
+++ b/setup.py
@@ -39,7 +39,7 @@
     name='PyOTA',
     description='IOTA API library for Python',
     url='https://github.com/iotaledger/iota.py',
-    version='2.2.0b1',
+    version='2.3.0b1',
 
     long_description=long_description,