diff --git a/package.json b/package.json
index b85ff7383a..889dcebcdf 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "remix-ide",
-  "version": "v0.7.5",
+  "version": "v0.8.0-alpha+001",
   "description": "Minimalistic browser-based Solidity IDE",
   "devDependencies": {
     "ace-mode-solidity": "^0.1.0",
diff --git a/src/app/panels/terminal.js b/src/app/panels/terminal.js
index 83368a3608..6a0136f9aa 100644
--- a/src/app/panels/terminal.js
+++ b/src/app/panels/terminal.js
@@ -384,7 +384,7 @@ class Terminal {
     self._cmdIndex = -1
     self._cmdTemp = ''
 
-    var intro = yo`<div><div> - Welcome to Remix v0.7.6 - </div><br>
+    var intro = yo`<div><div> - Welcome to Remix v0.8.0-alpha+001 - </div><br>
                   <div>You can use this terminal for: </div>
                   <ul class=${css2.ul}>
                     <li>Checking transactions details and start debugging.</li>