diff --git a/params/version.go b/params/version.go
index 88102464fc..e02ea62337 100644
--- a/params/version.go
+++ b/params/version.go
@@ -22,9 +22,9 @@ import (
 
 const (
 	VersionMajor = 0       // Major version component of the current release
-	VersionMinor = 2       // Minor version component of the current release
-	VersionPatch = 2       // Patch version component of the current release
-	VersionMeta  = "alpha" // Version metadata to append to the version string
+	VersionMinor = 3       // Minor version component of the current release
+	VersionPatch = 0       // Patch version component of the current release
+	VersionMeta  = "beta" // Version metadata to append to the version string
 )
 
 // Version holds the textual version string.