diff --git a/.github/ISSUE_TEMPLATE/bug_report.yml b/.github/ISSUE_TEMPLATE/bug_report.yml
index 9b9c9b242ef..dfadd0088c0 100644
--- a/.github/ISSUE_TEMPLATE/bug_report.yml
+++ b/.github/ISSUE_TEMPLATE/bug_report.yml
@@ -37,7 +37,7 @@ body:
       options:
         - 3.18.0
         - 3.17.7
-        - 3.17.7-nightly.8
+        - 3.18.1-nightly.1
         - 3.17.7-nightly.7
         - 3.17.7-nightly.6
         - 3.17.7-nightly.5
diff --git a/openpype/version.py b/openpype/version.py
index 34aa3399b83..44cae8e131b 100644
--- a/openpype/version.py
+++ b/openpype/version.py
@@ -1,3 +1,3 @@
 # -*- coding: utf-8 -*-
 """Package declaring Pype version."""
-__version__ = "3.17.7-nightly.8"
+__version__ = "3.18.1-nightly.1"