diff --git a/packages/desktop/package.json b/packages/desktop/package.json
index c44cf9b6173..8da9ca3a8b7 100644
--- a/packages/desktop/package.json
+++ b/packages/desktop/package.json
@@ -1,7 +1,7 @@
 {
     "name": "desktop",
     "productName": "Firefly",
-    "version": "1.7.3",
+    "version": "1.7.4-beta-1",
     "description": "Official IOTA wallet on desktop",
     "main": "public/build/main.js",
     "repository": "git@github.com:iotaledger/firefly.git",