Preheat oven to 425 degrees. Grease two large baking sheets with olive oil. Set aside.
In a bowl, whisk together the eggs. Set aside.
To a large bowl, combine panko, flour, paprika, chili flakes, sesame seeds, salt and pepper. Stir to combine.
Dip each shrimp into the egg mixture, then dredge with the breadcrumbs. Press the shrimp into the crumbs to make sure they adhere. Place shrimp onto prepared baking sheet, making sure not to crowd the shrimp. Use 2 baking sheets if necessary. Lightly brush the shrimp with olive oil. This will stop the coconut from burning. Transfer to the oven and bake for 10-15 minutes, or until golden brown. No need to flip the shrimp, but you can flip halfway througjh if desired and if you want more color on the shrimp.
Make the Thai chili sauce. Make the sauce by combining all the ingredients for the sauce into a bowl.
Serve the shrimp with Thai basil, fresh limes, and the Thai chili sauce. Enjoy!