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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 letters and only one syllable. Single-syllable names are exceptionally rare and exceptionally prestigious. Established brands using one syllable names include Ford, Box and Shell.
Walrs.com is a .com domain. Dot com domains are synonymous with websites. Owning a .com says that you own the word "walrs" online.
One suggestion for how this name could sound when used.