diff --git a/VERSION b/VERSION
index cb498ab..8f0916f 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.4.8
+0.5.0
diff --git a/contracts/Scarb.toml b/contracts/Scarb.toml
index 38534a3..d8e6f9e 100644
--- a/contracts/Scarb.toml
+++ b/contracts/Scarb.toml
@@ -1,7 +1,7 @@
 [package]
 cairo-version = "=2.8.4"
 name = "pixelaw"
-version = "0.4.8"
+version = "0.5.0"
 homepage = "https://github.com/pixelaw/core"
 edition = "2024_07"
 
diff --git a/contracts/Scarb_deploy.toml b/contracts/Scarb_deploy.toml
index 4d76c51..33b0041 100644
--- a/contracts/Scarb_deploy.toml
+++ b/contracts/Scarb_deploy.toml
@@ -1,7 +1,7 @@
 [package]
 cairo-version = "=2.8.4"
 name = "pixelaw"
-version = "0.4.8"
+version = "0.5.0"
 homepage = "https://github.com/pixelaw/core"
 edition = "2024_07"