Whisk the mayonnaise, melted butter, tomato paste, sugar, garlic powder, paprika, and water in a medium bowl until smooth and completely combined. Cover and refrigerate while preparing the seafood.
Toss the peeled shrimp with soy sauce and honey in a separate bowl until evenly coated.
Heat a large skillet over medium-high heat. Add the coated shrimp and cook for 2 to 3 minutes per side until they turn pink and the glaze becomes sticky and caramelized.
Transfer the cooked shrimp to a serving platter and garnish with toasted sesame seeds and chopped green onions.
Serve the shrimp immediately with the chilled creamy dip on the side.