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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 just two syllables. Two syllable names make popular global brands. Successful brands using two syllable names include Sony, Ikea and WeChat.
This domain was first registered in May 2013. Older domains have an advantage when ranking in search engines.
Walrs.com is a dot com domain. Dot com domains are the most valued top-level-domain in the world, used by famous websites like facebook.com. Once you own a dot com, it will be much easier to rank for your own name in Google.