just wondering what sets this apart from all the other dexs appearing
Read the thread. This has been (more or less) answered.
Great everything makes sense except the counterparty wallet?
NVOT is a counterparty token.
Once everything goes through and tokens are issues are you stating I will have to create an account at
https://wallet.counterwallet.io/ and then import my electrum address into that counterwallet service in order to see tokens?
Anywhere I can read up on how to do this or is it pretty straight forward to import electrum to counterwallet?
It's pretty much the same as importing the private key from Electrum to any other wallet with that feature. You grab private key from Electrum, enter it into counterwallet and done.