This brand name follows the common tech theme of taking a widely known but rarely used word, and removing a vowel from it (e.g. "Flickr"). It could suit almost any purpose, from an app to a software company, to an animation agency or a fashion brand.
The name "walrs" has only five characters and only two syllables. Two-syllable names are highly rare and exceptionally sought after. Established brands using two syllable names include Disney, Starbucks and Sony.
This domain was first registered in May 2013. Older domains have an advantage when ranking in search engines.
Walrs.com is a .com domain. Dot com domains are the most valuable domain extension in the world, used by famous websites like twitter.com. When you own a .com, it is much easier to rank for your own name in search engines.