diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6133433fdddee31b7e9531bf0243df41d245a3e1..4a7be7752c9fc2e517c6c45582022d33dc41a438 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,8 @@ All notable changes to this project are documented below.
 
 The format is based on [keep a changelog](http://keepachangelog.com/) and this project uses [semantic versioning](http://semver.org/).
 
+## [Unreleased]
+
 ## [0.11.1] - 2017-02-12
 ### Changed
 - Server configuration in dashboard is now displayed as YAML.
diff --git a/Makefile b/Makefile
index cea4b9339caf2fe039d2a2a60db6df15d9fe24b5..228e17c7a460581aef4381e0b7a5b311a6b1e77b 100644
--- a/Makefile
+++ b/Makefile
@@ -13,7 +13,7 @@
 # limitations under the License.
 
 BINNAME := nakama
-VERSION := 0.11.1
+VERSION := 0.12.0-dev
 BUILDDIR := build
 COMMITID := $(shell git rev-parse --short HEAD 2>/dev/null || echo nosha)