diff --git a/lib/version.rb b/lib/version.rb
index ec7562d897b..e634b8f3ff0 100644
--- a/lib/version.rb
+++ b/lib/version.rb
@@ -8,9 +8,9 @@ module Discourse
   unless defined?(::Discourse::VERSION)
     module VERSION #:nodoc:
       MAJOR = 3
-      MINOR = 0
+      MINOR = 1
       TINY = 0
-      PRE = "beta16"
+      PRE = "beta1"
 
       STRING = [MAJOR, MINOR, TINY, PRE].compact.join(".")
     end