diff --git a/CMakeLists.txt b/CMakeLists.txt
index 8e954ecb5..c90082ff0 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,8 +1,8 @@
 cmake_minimum_required(VERSION 3.9)
 
 set(PROPOSAL_VERSION_MAJOR 7)
-set(PROPOSAL_VERSION_MINOR 3)
-set(PROPOSAL_VERSION_PATCH 1)
+set(PROPOSAL_VERSION_MINOR 4)
+set(PROPOSAL_VERSION_PATCH 0)
 set(PROPOSAL_VERSION ${PROPOSAL_VERSION_MAJOR}.${PROPOSAL_VERSION_MINOR}.${PROPOSAL_VERSION_PATCH})
 
 project(PROPOSAL