diff --git a/build.gradle b/build.gradle
index 1c5c08c2c3..e4ee5a731f 100644
--- a/build.gradle
+++ b/build.gradle
@@ -418,7 +418,7 @@ configure(project(':desktop')) {
     apply plugin: 'com.github.johnrengelman.shadow'
     apply from: 'package/package.gradle'
 
-    version = '1.6.2-SNAPSHOT'
+    version = '0.0.1-SNAPSHOT'
 
     jar.manifest.attributes(
         "Implementation-Title": project.name,
diff --git a/common/src/main/java/bisq/common/app/Version.java b/common/src/main/java/bisq/common/app/Version.java
index b59eec2349..8bb0c4d2bd 100644
--- a/common/src/main/java/bisq/common/app/Version.java
+++ b/common/src/main/java/bisq/common/app/Version.java
@@ -30,7 +30,7 @@ public class Version {
     // VERSION = 0.5.0 introduces proto buffer for the P2P network and local DB and is a not backward compatible update
     // Therefore all sub versions start again with 1
     // We use semantic versioning with major, minor and patch
-    public static final String VERSION = "1.6.2";
+    public static final String VERSION = "0.0.1";
 
     /**
      * Holds a list of the tagged resource files for optimizing the getData requests.
diff --git a/desktop/package/linux/Dockerfile b/desktop/package/linux/Dockerfile
index 14e02228fb..c60ab30722 100644
--- a/desktop/package/linux/Dockerfile
+++ b/desktop/package/linux/Dockerfile
@@ -8,7 +8,7 @@
 
 # pull base image
 FROM openjdk:8-jdk
-ENV version 1.6.2-SNAPSHOT
+ENV version 0.0.1-SNAPSHOT
 
 RUN apt-get update && apt-get install -y --no-install-recommends openjfx && rm -rf /var/lib/apt/lists/* &&
 apt-get install -y vim fakeroot
diff --git a/desktop/package/macosx/Info.plist b/desktop/package/macosx/Info.plist
index e7ac7c34c9..f7d6497ef9 100644
--- a/desktop/package/macosx/Info.plist
+++ b/desktop/package/macosx/Info.plist
@@ -5,10 +5,10 @@
         <!-- See: https://developer.apple.com/library/archive/documentation/General/Reference/InfoPlistKeyReference/Articles/CoreFoundationKeys.html -->
 
         <key>CFBundleVersion</key>
-        <string>1.6.2</string>
+        <string>0.0.1</string>
 
         <key>CFBundleShortVersionString</key>
-        <string>1.6.2</string>
+        <string>0.0.1</string>
 
         <key>CFBundleExecutable</key>
         <string>Bisq</string>
diff --git a/desktop/package/macosx/copy_dbs.sh b/desktop/package/macosx/copy_dbs.sh
index f1e49afb02..f0c2ff7bc2 100755
--- a/desktop/package/macosx/copy_dbs.sh
+++ b/desktop/package/macosx/copy_dbs.sh
@@ -2,7 +2,7 @@
 
 cd $(dirname $0)/../../../
 
-version="1.6.2"
+version="0.0.1"
 
 # Set BISQ_DIR as environment var to the path of your locally synced Bisq data directory e.g. BISQ_DIR=~/Library/Application\ Support/Bisq
 
diff --git a/desktop/package/macosx/finalize.sh b/desktop/package/macosx/finalize.sh
index 077117cf8d..cb3c38c42f 100755
--- a/desktop/package/macosx/finalize.sh
+++ b/desktop/package/macosx/finalize.sh
@@ -2,7 +2,7 @@
 
 cd ../../
 
-version="1.6.2-SNAPSHOT"
+version="0.0.1-SNAPSHOT"
 
 target_dir="releases/$version"
 
diff --git a/desktop/package/macosx/insert_snapshot_version.sh b/desktop/package/macosx/insert_snapshot_version.sh
index 1147e7c997..05848e3c58 100755
--- a/desktop/package/macosx/insert_snapshot_version.sh
+++ b/desktop/package/macosx/insert_snapshot_version.sh
@@ -2,7 +2,7 @@
 
 cd $(dirname $0)/../../../
 
-version=1.6.2
+version=0.0.1
 
 find . -type f \( -name "finalize.sh" \
 -o -name "create_app.sh" \
diff --git a/desktop/package/macosx/replace_version_number.sh b/desktop/package/macosx/replace_version_number.sh
index 1ba86fa450..4a39a1778e 100755
--- a/desktop/package/macosx/replace_version_number.sh
+++ b/desktop/package/macosx/replace_version_number.sh
@@ -2,8 +2,8 @@
 
 cd $(dirname $0)/../../../.
 
-oldVersion=1.6.1
-newVersion=1.6.2
+oldVersion=1.6.2
+newVersion=0.0.1
 
 find . -type f \( -name "finalize.sh" \
 -o -name "create_app.sh" \
diff --git a/p2p/src/main/java/bisq/network/p2p/peers/getdata/RequestDataManager.java b/p2p/src/main/java/bisq/network/p2p/peers/getdata/RequestDataManager.java
index 1694ae2f8d..27eb8efa0d 100644
--- a/p2p/src/main/java/bisq/network/p2p/peers/getdata/RequestDataManager.java
+++ b/p2p/src/main/java/bisq/network/p2p/peers/getdata/RequestDataManager.java
@@ -267,7 +267,7 @@ public class RequestDataManager implements MessageListener, ConnectionListener,
         if (networkEnvelope instanceof GetDataRequest) {
             if (!stopped) {
                 GetDataRequest getDataRequest = (GetDataRequest) networkEnvelope;
-                if (getDataRequest.getVersion() == null || !Version.isNewVersion(getDataRequest.getVersion(), "1.5.0")) {
+                if (getDataRequest.getVersion() == null || !Version.isNewVersion(getDataRequest.getVersion(), "0.0.0")) {
                     connection.shutDown(CloseConnectionReason.MANDATORY_CAPABILITIES_NOT_SUPPORTED);
                     return;
                 }
diff --git a/relay/src/main/resources/version.txt b/relay/src/main/resources/version.txt
index fd1280b97c..cfefe08c71 100644
--- a/relay/src/main/resources/version.txt
+++ b/relay/src/main/resources/version.txt
@@ -1 +1 @@
-1.6.2-SNAPSHOT
+0.0.1-SNAPSHOT
diff --git a/seednode/src/main/java/bisq/seednode/SeedNodeMain.java b/seednode/src/main/java/bisq/seednode/SeedNodeMain.java
index 24189fb5a2..d4d30e01dd 100644
--- a/seednode/src/main/java/bisq/seednode/SeedNodeMain.java
+++ b/seednode/src/main/java/bisq/seednode/SeedNodeMain.java
@@ -46,7 +46,7 @@ import lombok.extern.slf4j.Slf4j;
 @Slf4j
 public class SeedNodeMain extends ExecutableForAppWithP2p {
     private static final long CHECK_CONNECTION_LOSS_SEC = 30;
-    private static final String VERSION = "1.6.2";
+    private static final String VERSION = "0.0.1";
     private SeedNode seedNode;
     private Timer checkConnectionLossTime;