diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 1b98a2a9b15..b6382b53d11 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 0.8.6
+current_version = 0.8.7-beta.0
 tag = False
 tag_name = {new_version}
 commit = True
diff --git a/VERSION b/VERSION
index 76fc500fec0..b6b883b3724 100644
--- a/VERSION
+++ b/VERSION
@@ -1,5 +1,5 @@
 # Mono Repo Global Version
-__version__ = "0.8.6"
+__version__ = "0.8.7-beta.0"
 # elsewhere we can call this file: `python VERSION` and simply take the stdout
 
 # stdlib
diff --git a/packages/grid/VERSION b/packages/grid/VERSION
index 76fc500fec0..b6b883b3724 100644
--- a/packages/grid/VERSION
+++ b/packages/grid/VERSION
@@ -1,5 +1,5 @@
 # Mono Repo Global Version
-__version__ = "0.8.6"
+__version__ = "0.8.7-beta.0"
 # elsewhere we can call this file: `python VERSION` and simply take the stdout
 
 # stdlib
diff --git a/packages/grid/backend/worker_cpu.dockerfile b/packages/grid/backend/worker_cpu.dockerfile
index 140e717395a..2470fc547df 100644
--- a/packages/grid/backend/worker_cpu.dockerfile
+++ b/packages/grid/backend/worker_cpu.dockerfile
@@ -9,7 +9,7 @@
 # Later we'd want to uninstall old python, and then install a new python runtime...
 # ... but pre-built syft deps may break!
 
-ARG SYFT_VERSION_TAG="0.8.6"
+ARG SYFT_VERSION_TAG="0.8.7-beta.0"
 FROM openmined/grid-backend:${SYFT_VERSION_TAG}
 
 ARG PYTHON_VERSION="3.12"
diff --git a/packages/grid/devspace.yaml b/packages/grid/devspace.yaml
index 23f1eb9744c..bbc336c3641 100644
--- a/packages/grid/devspace.yaml
+++ b/packages/grid/devspace.yaml
@@ -25,7 +25,7 @@ vars:
   DEVSPACE_ENV_FILE: "default.env"
   CONTAINER_REGISTRY: "docker.io"
   NODE_NAME: "mynode"
-  VERSION: "0.8.6"
+  VERSION: "0.8.7-beta.0"
 
 # This is a list of `images` that DevSpace can build for this project
 # We recommend to skip image building during development (devspace dev) as much as possible
diff --git a/packages/grid/frontend/package.json b/packages/grid/frontend/package.json
index ea68a573599..6ee3b1f8025 100644
--- a/packages/grid/frontend/package.json
+++ b/packages/grid/frontend/package.json
@@ -1,6 +1,6 @@
 {
   "name": "pygrid-ui",
-  "version": "0.8.6",
+  "version": "0.8.7-beta.0",
   "private": true,
   "scripts": {
     "dev": "pnpm i && vite dev --host --port 80",
diff --git a/packages/grid/helm/syft/Chart.yaml b/packages/grid/helm/syft/Chart.yaml
index ef4f3559747..b600d09719b 100644
--- a/packages/grid/helm/syft/Chart.yaml
+++ b/packages/grid/helm/syft/Chart.yaml
@@ -2,7 +2,7 @@ apiVersion: v2
 name: syft
 description: Perform numpy-like analysis on data that remains in someone elses server
 type: application
-version: "0.8.6"
-appVersion: "0.8.6"
+version: "0.8.7-beta.0"
+appVersion: "0.8.7-beta.0"
 home: https://github.com/OpenMined/PySyft/
 icon: https://raw.githubusercontent.com/OpenMined/PySyft/dev/docs/img/title_syft_light.png
diff --git a/packages/grid/helm/syft/values.yaml b/packages/grid/helm/syft/values.yaml
index 01d2a240417..bb5cc680ffa 100644
--- a/packages/grid/helm/syft/values.yaml
+++ b/packages/grid/helm/syft/values.yaml
@@ -1,7 +1,7 @@
 global:
   # Affects only backend, frontend, and seaweedfs containers
   registry: docker.io
-  version: 0.8.6
+  version: 0.8.7-beta.0
 
   # Force default secret values for development. DO NOT SET THIS TO FALSE IN PRODUCTION
   randomizedSecrets: true
diff --git a/packages/grid/podman/podman-kube/podman-syft-kube-config.yaml b/packages/grid/podman/podman-kube/podman-syft-kube-config.yaml
index 25c0b622660..7b8d4cd3380 100644
--- a/packages/grid/podman/podman-kube/podman-syft-kube-config.yaml
+++ b/packages/grid/podman/podman-kube/podman-syft-kube-config.yaml
@@ -31,7 +31,7 @@ data:
   RABBITMQ_VERSION: 3
   SEAWEEDFS_VERSION: 3.59
   DOCKER_IMAGE_SEAWEEDFS: chrislusf/seaweedfs:3.55
-  VERSION: 0.8.6
+  VERSION: 0.8.7-beta.0
   VERSION_HASH: unknown
   STACK_API_KEY: ""
 
diff --git a/packages/grid/podman/podman-kube/podman-syft-kube.yaml b/packages/grid/podman/podman-kube/podman-syft-kube.yaml
index 521a6716b6a..a77976f2281 100644
--- a/packages/grid/podman/podman-kube/podman-syft-kube.yaml
+++ b/packages/grid/podman/podman-kube/podman-syft-kube.yaml
@@ -41,7 +41,7 @@ spec:
         - configMapRef:
             name: podman-syft-config
 
-      image: docker.io/openmined/grid-backend:0.8.6
+      image: docker.io/openmined/grid-backend:0.8.7-beta.0
       imagePullPolicy: IfNotPresent
       resources: {}
       tty: true
@@ -57,7 +57,7 @@ spec:
       envFrom:
         - configMapRef:
             name: podman-syft-config
-      image: docker.io/openmined/grid-frontend:0.8.6
+      image: docker.io/openmined/grid-frontend:0.8.7-beta.0
       imagePullPolicy: IfNotPresent
       resources: {}
       tty: true
diff --git a/packages/hagrid/hagrid/deps.py b/packages/hagrid/hagrid/deps.py
index f6bd5bb0fb7..62af8f030f1 100644
--- a/packages/hagrid/hagrid/deps.py
+++ b/packages/hagrid/hagrid/deps.py
@@ -36,7 +36,7 @@
 from .nb_output import NBOutput
 from .version import __version__
 
-LATEST_BETA_SYFT = "0.8.6"
+LATEST_BETA_SYFT = "0.8.7-beta.0"
 
 DOCKER_ERROR = """
 You are running an old version of docker, possibly on Linux. You need to install v2.
diff --git a/packages/hagrid/hagrid/manifest_template.yml b/packages/hagrid/hagrid/manifest_template.yml
index 03ae27533dc..9d0ce041087 100644
--- a/packages/hagrid/hagrid/manifest_template.yml
+++ b/packages/hagrid/hagrid/manifest_template.yml
@@ -1,7 +1,7 @@
 manifestVersion: 0.1
 hagrid_version: 0.3.113
-syft_version: 0.8.6
-dockerTag: 0.8.6
+syft_version: 0.8.7-beta.0
+dockerTag: 0.8.7-beta.0
 baseUrl: https://raw.githubusercontent.com/OpenMined/PySyft/
 hash: c51169a89a83506dd401442a3900c4cea5330af6
 target_dir: ~/.hagrid/PySyft/
diff --git a/packages/syft/setup.cfg b/packages/syft/setup.cfg
index 6fc1384965e..65238f11c64 100644
--- a/packages/syft/setup.cfg
+++ b/packages/syft/setup.cfg
@@ -1,6 +1,6 @@
 [metadata]
 name = syft
-version = attr: "0.8.6"
+version = attr: "0.8.7-beta.0"
 description = Perform numpy-like analysis on data that remains in someone elses server
 author = OpenMined
 author_email = info@openmined.org
diff --git a/packages/syft/src/syft/VERSION b/packages/syft/src/syft/VERSION
index 76fc500fec0..b6b883b3724 100644
--- a/packages/syft/src/syft/VERSION
+++ b/packages/syft/src/syft/VERSION
@@ -1,5 +1,5 @@
 # Mono Repo Global Version
-__version__ = "0.8.6"
+__version__ = "0.8.7-beta.0"
 # elsewhere we can call this file: `python VERSION` and simply take the stdout
 
 # stdlib
diff --git a/packages/syft/src/syft/__init__.py b/packages/syft/src/syft/__init__.py
index 8a78d2d1a85..cd2eee22a77 100644
--- a/packages/syft/src/syft/__init__.py
+++ b/packages/syft/src/syft/__init__.py
@@ -1,4 +1,4 @@
-__version__ = "0.8.6"
+__version__ = "0.8.7-beta.0"
 
 # stdlib
 from collections.abc import Callable
diff --git a/packages/syftcli/manifest.yml b/packages/syftcli/manifest.yml
index 2060ac0a6bc..609adb7c69b 100644
--- a/packages/syftcli/manifest.yml
+++ b/packages/syftcli/manifest.yml
@@ -1,11 +1,11 @@
 manifestVersion: 1.0
 
-syftVersion: 0.8.6
-dockerTag: 0.8.6
+syftVersion: 0.8.7-beta.0
+dockerTag: 0.8.7-beta.0
 
 images:
-  - docker.io/openmined/grid-frontend:0.8.6
-  - docker.io/openmined/grid-backend:0.8.6
+  - docker.io/openmined/grid-frontend:0.8.7-beta.0
+  - docker.io/openmined/grid-backend:0.8.7-beta.0
   - docker.io/library/mongo:7.0.4
   - docker.io/traefik:v2.10