diff --git a/CMakeLists.txt b/CMakeLists.txt
index 2dfe702e..a88f13c4 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -3,9 +3,9 @@ project(monero-gui)
 
 message(STATUS "Initiating compile using CMake ${CMAKE_VERSION}")
 
-set(VERSION_MAJOR "16")
+set(VERSION_MAJOR "17")
 set(VERSION_MINOR "0")
-set(VERSION_REVISION "3")
+set(VERSION_REVISION "1")
 set(VERSION "0.${VERSION_MAJOR}.${VERSION_MINOR}.${VERSION_REVISION}")
 
 option(STATIC "Link libraries statically, requires static Qt")