diff --git a/README.md b/README.md
index 0e0b8ecaa0..12e21e231a 100644
--- a/README.md
+++ b/README.md
@@ -83,7 +83,7 @@ Snapshots based out the `master` branch are available for `opentelemetry-api`, `
     <dependency>
       <groupId>io.opentelemetry</groupId>
       <artifactId>opentelemetry-api</artifactId>
-      <version>0.7.0-SNAPSHOT</version>
+      <version>0.8.0-SNAPSHOT</version>
     </dependency>
   </dependencies>
 ```
@@ -96,7 +96,7 @@ repositories {
 }
 
 dependencies {
-	compile('io.opentelemetry:opentelemetry-api:0.7.0-SNAPSHOT')
+	compile('io.opentelemetry:opentelemetry-api:0.8.0-SNAPSHOT')
 }
 ```
 
diff --git a/build.gradle b/build.gradle
index c006dad776..f857cff4f1 100644
--- a/build.gradle
+++ b/build.gradle
@@ -13,7 +13,7 @@ ext {
 
 subprojects {
     group = "io.opentelemetry"
-    version = "0.7.0-SNAPSHOT" // CURRENT_OPEN_TELEMETRY_VERSION
+    version = "0.8.0-SNAPSHOT" // CURRENT_OPEN_TELEMETRY_VERSION
 }
 
 configure(opentelemetryProjects) {
diff --git a/examples/build.gradle b/examples/build.gradle
index 81e8fff7ee..ec62155fab 100644
--- a/examples/build.gradle
+++ b/examples/build.gradle
@@ -14,7 +14,7 @@ subprojects {
     version = "0.1.0-SNAPSHOT"
 
     ext {
-        opentelemetryVersion = "0.7.0-SNAPSHOT"
+        opentelemetryVersion = "0.8.0-SNAPSHOT"
         grpcVersion = '1.28.0'
         protobufVersion = '3.11.4'
         protocVersion = protobufVersion