Below, I explain a basic design for a database I am working on. As I am not a DB, I am concerned if I am on a good track or a bad one so I wanted to float this on stack for
You haven't really given a design. If you had given a description of tables, the application-oriented criterion for when a row goes in of each them and consequent constraints including keys, fks etc for the part of your application involving your entities then you would have given part of a design. In other words, if you had given that part's straightforward relational design. (Just because you're not implementing it that way doesn't mean you don't need to design properly.) Notice that this must include application-level state and functionality for "extending with custom fields". But then you have to give a description of tables, the criterion for when a row goes in each of them and consequent constraints including keys, fks etc for the part of your implementation that encodes the previous part via EAV, plus operators for manipulating them. In other words, if you had given that part's straightforward relational design. The part of your design that is implementing a DBMS. Then you would really have given a design.
The notion that one needs to use EAV "so every entity type can be extended with custom fields" is mistaken. Just implement via calls that update metadata tables sometimes instead of just updating regular tables: DDL instead of DML.