No, their strategy is to focus on reform from the bottom up: getting local officials elected at the city, county, and state levels in order to pass electoral reform (states control election in the US) to make our national politics less inflammatory. Parties matter less at these levels. Their main goal right now is to get ranked choice voting passed in as many states as possible (focusing their energy on ballot initiatives). They are also not a "party" (they are registered as a PAC). This way, republicans or democrats can receive a foward party nomination without having to leave their own parties and run independent. They just have to be aligned with forward party goals. They have maybe 1 or 2 US representatives that they're tracking, but Andrew Yang is not running for president in 2024 because it would just be a waste of money to them. The vast majority of their advocacy is at the state and city level
Sure, that's always the hope. But leaders in two existing dominant political parties have gotten pretty good at triangulation. As soon as a nascent third party starts gaining significant support, the existing parties co-opt pieces of that platform and the third party fades away. So, third parties can be temporarily effective in moving the political needle but they won't win major elections in our lifetimes.