diff --git a/VERSION b/VERSION
index 29e8a975..48cf6f9a 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-2.3.1-rc0 20301000
+2.4.0-rc0 20400000
diff --git a/version.properties b/version.properties
index c9d91bf5..415ef6ae 100644
--- a/version.properties
+++ b/version.properties
@@ -1,6 +1,6 @@
 ### Updated by release.sh ###
 project.versioning.major=2
-project.versioning.minor=3
-project.versioning.patch=1
+project.versioning.minor=4
+project.versioning.patch=0
 project.versioning.build=0
 #############################