diff --git a/setup.py b/setup.py
index e0f07ef2c..d47d26296 100644
--- a/setup.py
+++ b/setup.py
@@ -15,9 +15,9 @@
 NAME = 'Orange3-Text'
 
 MAJOR = 0
-MINOR = 7
+MINOR = 8
 MICRO = 0
-IS_RELEASED = True
+IS_RELEASED = False
 VERSION = '%d.%d.%d' % (MAJOR, MINOR, MICRO)
 FULL_VERSION = VERSION