diff --git a/shynet/shynet/settings.py b/shynet/shynet/settings.py
index a9fc36b2..a0c050d3 100644
--- a/shynet/shynet/settings.py
+++ b/shynet/shynet/settings.py
@@ -14,7 +14,7 @@
 from django.contrib.messages import constants as messages
 
 # Increment on new releases
-VERSION = "v0.4.1"
+VERSION = "v0.5.0"
 
 # Build paths inside the project like this: os.path.join(BASE_DIR, ...)
 BASE_DIR = os.path.dirname(os.path.dirname(os.path.abspath(__file__)))