diff --git a/lib/react_on_rails/version.rb b/lib/react_on_rails/version.rb
index 4b275c8b3..6f5048803 100644
--- a/lib/react_on_rails/version.rb
+++ b/lib/react_on_rails/version.rb
@@ -1,3 +1,3 @@
 module ReactOnRails
-  VERSION = "7.0.2".freeze
+  VERSION = "7.1.0.beta.1".freeze
 end
diff --git a/package.json b/package.json
index 89a129287..eba261d29 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "react-on-rails",
-  "version": "7.0.2",
+  "version": "7.1.0-beta.1",
   "description": "react-on-rails JavaScript for react_on_rails Ruby gem",
   "main": "node_package/lib/ReactOnRails.js",
   "directories": {
diff --git a/spec/dummy/Gemfile.lock b/spec/dummy/Gemfile.lock
index 7207956b8..ff0a0de5b 100644
--- a/spec/dummy/Gemfile.lock
+++ b/spec/dummy/Gemfile.lock
@@ -1,7 +1,7 @@
 PATH
   remote: ../..
   specs:
-    react_on_rails (7.0.2)
+    react_on_rails (7.1.0.beta.1)
       addressable
       connection_pool
       execjs (~> 2.5)