diff --git a/scrapy/__init__.py b/scrapy/__init__.py
index f9f348332..c4472cf8a 100644
--- a/scrapy/__init__.py
+++ b/scrapy/__init__.py
@@ -3,8 +3,8 @@ Scrapy - a screen scraping framework written in Python
 """
 
 # IMPORTANT: remember to also update the version in docs/conf.py
-version_info = (0, 7, 0, 'candidate', 0)
-__version__ = "0.7.0-rc1"
+version_info = (0, 8, 0, '', 0)
+__version__ = "0.8.0-dev"
 
 import sys, os