diff --git a/package-lock.json b/package-lock.json
index 514a55d0..9782aa9c 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,6 +1,6 @@
 {
   "name": "hmt-escrow",
-  "version": "1.0.0",
+  "version": "0.12.0",
   "lockfileVersion": 1,
   "requires": true,
   "dependencies": {
diff --git a/package.json b/package.json
index f85279c0..253d0dba 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "hmt-escrow",
-  "version": "1.0.0",
+  "version": "0.12.0",
   "description": "Launch escrow contracts to the HUMAN network",
   "main": "truffle.js",
   "directories": {
diff --git a/setup.py b/setup.py
index e09eee88..242a0bd2 100644
--- a/setup.py
+++ b/setup.py
@@ -2,7 +2,7 @@
 
 setuptools.setup(
     name="hmt-escrow",
-    version="1.0.0",
+    version="0.12.0",
     author="HUMAN Protocol",
     description="A python library to launch escrow contracts to the HUMAN network.",
     url="https://github.com/humanprotocol/hmt-escrow",