diff --git a/README.md b/README.md
index 470d24cd3..0a533cfff 100644
--- a/README.md
+++ b/README.md
@@ -39,7 +39,7 @@ You can financially support the project by either:
 - Identity/Reputation system
 
 ## Project Status
-- *OpenBazaar* is currently in **Beta 4.0**
+- *OpenBazaar* is currently in **Beta 5.0**
 - New versions are scheduled for release at the end of each month
 - [Development Roadmap](https://github.com/OpenBazaar/OpenBazaar/wiki/03.-Development-Roadmap)