diff --git a/MekHQ/docs/history.txt b/MekHQ/docs/history.txt
index dd3e442cef..6a67adde1a 100644
--- a/MekHQ/docs/history.txt
+++ b/MekHQ/docs/history.txt
@@ -1,5 +1,7 @@
 VERSION HISTORY:
 ----------------
+0.49.8-SNAPSHOT
+
 0.49.7 (2021-12-18 0300 UTC)
 + PR #3043: Logging: Default Global Exception Handler and Standardized Legacy Logging
 + Issue #3040: Fixing Unit Icon Filename Write Copy/paste Error
diff --git a/build.gradle b/build.gradle
index 3fb1359a8f..873f062f06 100644
--- a/build.gradle
+++ b/build.gradle
@@ -22,7 +22,7 @@ allprojects {
 
 subprojects {
     group = 'org.megamek'
-    version = '0.49.7'
+    version = '0.49.8-SNAPSHOT'
 }
 
 ext {