diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8b7ae166..0f7dc48d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,7 @@
 # Unreleased
 
+# v0.3.0-beta.0
+
 * feat: icp-cli will now inform you if a new version is released. This can be disabled with `icp settings update-check`
 * fix: Duplicate identities no longer cause an error when starting a network
 
diff --git a/Cargo.lock b/Cargo.lock
index ae8bb77c..d6fedb12 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3277,7 +3277,7 @@ dependencies = [
 
 [[package]]
 name = "icp"
-version = "0.2.1-beta.0"
+version = "0.3.0-beta.0"
 dependencies = [
  "async-dropper",
  "async-trait",
@@ -3349,7 +3349,7 @@ dependencies = [
 
 [[package]]
 name = "icp-canister-interfaces"
-version = "0.2.1-beta.0"
+version = "0.3.0-beta.0"
 dependencies = [
  "bigdecimal",
  "candid",
@@ -3358,7 +3358,7 @@ dependencies = [
 
 [[package]]
 name = "icp-cli"
-version = "0.2.1-beta.0"
+version = "0.3.0-beta.0"
 dependencies = [
  "anstyle",
  "anyhow",
@@ -5830,7 +5830,7 @@ dependencies = [
 
 [[package]]
 name = "schema-gen"
-version = "0.2.1-beta.0"
+version = "0.3.0-beta.0"
 dependencies = [
  "icp",
  "schemars",
diff --git a/Cargo.toml b/Cargo.toml
index 02f59b14..67c46a6d 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -8,7 +8,7 @@ resolver = "3"
 [workspace.package]
 authors = ["DFINITY Stiftung <sdk@dfinity.org>"]
 edition = "2024"
-version = "0.2.1-beta.0"
+version = "0.3.0-beta.0"
 repository = "https://github.com/dfinity/icp-cli"
 rust-version = "1.88.0"
 license = "Apache-2.0"