diff --git a/VERSION b/VERSION
index 0d91a54c7d439e84e3dd17d3594f1b2b6737f430..aae7d8d5ef4d93b58b42ee6d0b2ddc4fe6c679ff 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.3.0
+0.3.1-beta1