diff --git a/package-lock.json b/package-lock.json
index 56bb0ab610..50c7b9fc84 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
     "name": "azle",
-    "version": "0.23.0",
+    "version": "0.24.0-rc.0",
     "lockfileVersion": 3,
     "requires": true,
     "packages": {
         "": {
             "name": "azle",
-            "version": "0.23.0",
+            "version": "0.24.0-rc.0",
             "hasInstallScript": true,
             "license": "MIT",
             "dependencies": {
diff --git a/package.json b/package.json
index c3936730a3..d0d1f1d3fc 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
     "name": "azle",
-    "version": "0.23.0",
+    "version": "0.24.0-rc.0",
     "description": "TypeScript and JavaScript CDK for the Internet Computer",
     "scripts": {
         "typecheck": "tsc --noEmit",